5. Peter Senen uses activity based costing. The company produces two products: coats and hats. The annual production and sales volume of coats is 8,000 units and of hats is 6,000 units. There are three activity cost pools with the following expected activities and estimated total costs: Activity Est. Cost Expected Activity Expected Activity Cost Pool Coats Hats Total Activity 1 P20.000 100 400 500 Activity 2 37,000 800 200 1,000 Activity 3 91.200 800 3,000 3,800 Using Activity Based Costing, what is the approximate cost per unit of coats? Pls answer like this. 3.40

Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.

Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing …

Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In compari…