eed help with this homework problem involving product cost estimate:

eed help with this homework problem involving product cost estimate:

eed help with this homework problem involving product cost estimate: Total overhead is 116,750 1.Prepare a complete product cost estimate for Buffalo Ale, Bismark Bock and Four Heads Stout (See Exhibit 4) using: a. the plant-wide allocation based on direct-labor hours; b. an activity-based cost system. Exhibit 4. Direct Cost Analysis for a Single Batch of each Beer Label Buffalo Ale (Expected Yield = 22 cases) Direct Materials: Coopers Amber Malt 50 kgs @ /bin/sh.60 .00 Northumberland Malt 50 kgs @ 0.30 15.00 Corn sugar 5 kgs @ 0.25 1.25 Geleany hops 1.75 kgs @ 1.00 1.75 Filtered water 220 ltrs @ 0.03 6.60 Brewers yeast 100 gms @ 0.08 8.00 u00a0u00a0u00a0 Total DM Cost .60 Direct Labor 18 hrs @ .00 108.00 Overhead Costs ? Total Product Cost per Batch ? Cost per bottle ? Bismark Bock (Expected Yield = 16 cases) Direct Materials: John Bull Dark Malt 55 kgs @ .08 .25 Newquay Brown Malt 20 kgs @ 0.75 15.00 Perle hops 2.87 kgs @ 1.50 4.30 Filtered water 160 ltrs @ 0.03 4.80 Brewers yeast 70 gms @ 0.08 5.60 u00a0u00a0u00a0 Total DM Cost .95 Direct Labor 12 hrs @ .00 72.00 Overhead Costs ? Total Product Cost per Batch ? Cost per bottle ? Four Heads Stout (Expected Yield = 18 cases) Direct Materials: Irish Stout Malt 40 kgs @ .02 .80 Strong Export Bitter Malt 14 kgs @ 2.40 33.66 East Kent Goldings hops 1.32 kgs @ 2.80 3.69 Filtered water 180 ltrs @ 0.03 5.40 Brewers yeast 75 gms @ 0.08 6.00 u00a0u00a0u00a0 Total DM Cost .55 Direct Labor 13 hrs @ .00 78.00 Overhead Costs ? Total Product Cost per Batch ? Cost per bottle ?
Buffalo Ale (Expected Yield = 22 cases)
Direct Materials:
Coopers Amber Malt
50 kgs
@
/bin/sh.60
.00
Northumberland Malt
50 kgs
@
0.30
15.00
Corn sugar
5 kgs
@
0.25
1.25
Geleany hops
1.75 kgs
@
1.00
1.75
Filtered water
220 ltrs
@
0.03
6.60
Brewers yeast
100 gms
@
0.08
8.00
Total DM Cost
.60
Direct Labor
18 hrs
@
.00
108.00
Overhead Costs
?
Total Product Cost per Batch
?
Cost per bottle
?