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Accounting
Activity Cost Pool Labor-related Machine-related Activity Rates $ 5.00 per direct labor-hour $ 4.00 per machine-hour Machine setups Production orders Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: $ 60.00 per setup $ 100.00 per order

Activity Cost Pool Labor-related Machine-related Activity Rates $ 5.00 per direct labor-hour $ 4.00 per machine-hour Machine setups Production orders Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: $ 60.00 per setup $ 100.00 per order

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Activity Cost Pool Labor-related Machine-related Machine setups $ 60.00 per setup Production orders $ 100.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours Machine-hours Activity Rates $5.00 per direct labor-hour $ 4.00 per machine-hour Machine setups Production orders Shipments Unit product cost Total Expected Activity J78 J78 1,200 2,800 7 7 5 B52 40 20 4 4 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) B52 J78 $ 3.50 $ 3.75 2,000 B52 $ 20.00 $ 9.00 400
Transcribed Image Text:Activity Cost Pool Labor-related Machine-related Machine setups $ 60.00 per setup Production orders $ 100.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours Machine-hours Activity Rates $5.00 per direct labor-hour $ 4.00 per machine-hour Machine setups Production orders Shipments Unit product cost Total Expected Activity J78 J78 1,200 2,800 7 7 5 B52 40 20 4 4 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) B52 J78 $ 3.50 $ 3.75 2,000 B52 $ 20.00 $ 9.00 400
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