Your question:

Colden Chemical Company's plant processes batches of organic chemical products through three stages after starting with raw materials: (1) mixing and blending, (2) reaction chamber, and (3) pulverizing and packing. Colden Chemical's estimates for the total conversion costs for each of the three processing stages are shown in the following table: (Click the icon to view the conversion costs.)

These costs include production labor assigned to each stage, support labor performing tasks (such as handling the output of the previous stage and setting up for the new stage), and laboratory testing. Additional materials for packing are needed in the pulverizing and packing stage.

Equipment maintenance 14000 41600 7500

Laboratory expenses 15000 15000 5500

Total number of process hours 9400 38600 9400

Requirements (a) Determine the estimated conversion cost driver rate per process hour for each stage. (Round to three digits after the decimal point.) (b) Consider two of Colden Chemical's representative products, C206 and C208. Both products are derivatives of ethyl oleate and at the start of the process require the same basic raw materials. Using the information below, determine the total cost of a batch of C206 and a batch of C208: E (Click the icon to view the information.)

Reaction chamber _____ _______ _______

Pulverizing and packing _____ _______ _______

Packing materials _____ _____

Conversion hours:

Total costs _____ _____

Please Fill the tables and explain to me how you got the values. thanks

Assignment Help Answers with Step-by-Step Explanation:

Cost Driver Rate = $330,880 / 9,400 process hours

Cost Driver Rate for Mixing and Blending = $35.232 per process hour (rounded to three decimal places)

Cost Driver Rate = $663,640 / 9,400 process hours

Cost Driver Rate for Pulverizing and Packing = $70.716 per process hour (rounded to three decimal places)

(b) To determine the total cost of a batch of C206 and a batch of C208, you need to calculate the total costs for each product separately. You can use the cost driver rates calculated in part (a) along with the information provided for each product:

For C206:

• Reaction Chamber = 22 hours

• Pulverizing and Packing = 10 hours

= $126,800 + $142.80 + $2,008.23 = $129,951.03

For C208:

• Reaction Chamber = 22 hours

• Pulverizing and Packing = 14 hours

= $126,800 + $305.20 + $2,291.09 = $129,396.09

So, the total cost of a batch of C206 is approximately $129,951.03, and the total cost of a batch of C208 is approximately $129,396.09.