57. Ansel Corp. has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing Orders Inspection Total Activity 110,000 3,000 3,800 Total Cost 1,226,500 92,340 292,220 Data concerning one of the company's products, Product A appear below: 227.40 Selling price per unit Direct materials per unit Direct labor cost per unit Annual unit production and sales Annual machine hours 96.28 23.24 360.00 2,080.00 120.00 Annual orders Annual inspection hours 60.00 Using ABC, the product gross profit for product A is a. P38,836.80 b. P11,030.80 c. P11,915.20 d. P7,337.20

57. Ansel Corp. has provided the following data from its activity-based costing system: Activity Cost Pool Assembly Processing Orders Inspection Total Activity 110,000 3,000 3,800 Total Cost 1,226,500 92,340 292,220 Data concerning one of the company's products, Product A appear below: 227.40 Selling price per unit Direct materials per unit Direct labor cost per unit Annual unit production and sales Annual machine hours 96.28 23.24 360.00 2,080.00 120.00 Annual orders Annual inspection hours 60.00 Using ABC, the product gross profit for product A is a. P38,836.80 b. P11,030.80 c. P11,915.20 d. P7,337.20

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter12: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 12.16E: Product cost concept of product pricing Based on the data presented in Exercise 12-15, assume that...

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