Consider the following data: Activity Budgeted OH Materials Handling P 10,000 Setup Costs P 20,000 Quality Control P 30,000 No. of parts No. of setups No. of batches Units produced Direct Materials Direct Labor Cost driver No. of parts No. of setups No. of batches Product A 300 150 600 800 P 45 per unit P 28 per unit Allocation Rate P 20 per part P 50 per setup P 40 per batch Product B 200 250 150 500 P 30 per unit P 20 per unit

Consider the following data: Activity Budgeted OH Materials Handling P 10,000 Setup Costs P 20,000 Quality Control P 30,000 No. of parts No. of setups No. of batches Units produced Direct Materials Direct Labor Cost driver No. of parts No. of setups No. of batches Product A 300 150 600 800 P 45 per unit P 28 per unit Allocation Rate P 20 per part P 50 per setup P 40 per batch Product B 200 250 150 500 P 30 per unit P 20 per unit

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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