Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 9.00 per direct labor-hour Machine-related $ 7.00 per machine-hour Machine setups $ 60.00 per setup Production orders $ 200.00 per order Shipments $ 100.00 per shipment General factory $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost per unit $ 3.00 $ 36.00 Direct labor cost per unit $ 5.00 $ 7.00 Number of units produced per year 4,000 200 Total Expected Activity J78 B52 Direct labor-hours 800 40 Machine-hours 3,300 20 Machine setups 3 3 Production orders 8 3 Shipments 12 3 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 9.00 per direct labor-hour Machine-related $ 7.00 per machine-hour Machine setups $ 60.00 per setup Production orders $ 200.00 per order Shipments $ 100.00 per shipment General factory $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost per unit $ 3.00 $ 36.00 Direct labor cost per unit $ 5.00 $ 7.00 Number of units produced per year 4,000 200 Total Expected Activity J78 B52 Direct labor-hours 800 40 Machine-hours 3,300 20 Machine setups 3 3 Production orders 8 3 Shipments 12 3 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates:
| Activity Cost Pool | Activity Rates | |
|---|---|---|
| Labor-related | $ 9.00 | per direct labor-hour |
| Machine-related | $ 7.00 | per machine-hour |
| Machine setups | $ 60.00 | per setup |
| Production orders | $ 200.00 | per order |
| Shipments | $ 100.00 | per shipment |
| General factory | $ 7.00 | per direct labor-hour |
Cost and activity data have been supplied for the following products:
| J78 | B52 | |
|---|---|---|
| Direct materials cost per unit | $ 3.00 | $ 36.00 |
| Direct labor cost per unit | $ 5.00 | $ 7.00 |
| Number of units produced per year | 4,000 | 200 |
| Total Expected Activity | ||
|---|---|---|
| J78 | B52 | |
| Direct labor-hours | 800 | 40 |
| Machine-hours | 3,300 | 20 |
| Machine setups | 3 | 3 |
| Production orders | 8 | 3 |
| Shipments | 12 | 3 |
Required:
Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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