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1. The unit product costs under the company's conventional TRADITIONAL costing system would be computed as follows: Number of units produced (a)..... Direct labour-hours per unit (b). . Total direct labour-hours (a) × (b) Mercon Wurcon Total 10,000 40,000 0.20 0.25 2,000 10,000 12,000 ... Total manufacturing overhead (a)......... Total direct labour-hours (b).... Predetermined overhead rate (a) ÷ (b).... $336,000 12,000 DLHS $28.00 per DLH Mercon Wurcon $10.00 $8.00 3.00 Direct materials....... Direct labour...... 3.75 Manufacturing overhead applied: Unit product cost.. .

1. The unit product costs under the company's conventional TRADITIONAL costing system would be computed as follows: Number of units produced (a)..... Direct labour-hours per unit (b). . Total direct labour-hours (a) × (b) Mercon Wurcon Total 10,000 40,000 0.20 0.25 2,000 10,000 12,000 ... Total manufacturing overhead (a)......... Total direct labour-hours (b).... Predetermined overhead rate (a) ÷ (b).... $336,000 12,000 DLHS $28.00 per DLH Mercon Wurcon $10.00 $8.00 3.00 Direct materials....... Direct labour...... 3.75 Manufacturing overhead applied: Unit product cost.. .

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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1. The unit product costs under the company's conventional TRADITIONAL costing system would be computed as follows: Number of units produced (a)....... Direct labour-hours per unit (b). . Total direct labour-hours (a) × (b) Mercon Wurcon Total 10,000 40,000 0.20 0.25 2,000 10,000 12,000 ... Total manufacturing overhead (a)........ Total direct labour-hours (b)... Predetermined overhead rate (a) ÷ (b).... $336,000 12,000 DLHS $28.00 per DLH ..... Direct materials....... Direct labour...... Mercon Wurcon $10.00 $8.00 3.00 3.75 Manufacturing overhead applied: Unit product cost. .
Transcribed Image Text:1. The unit product costs under the company's conventional TRADITIONAL costing system would be computed as follows: Number of units produced (a)....... Direct labour-hours per unit (b). . Total direct labour-hours (a) × (b) Mercon Wurcon Total 10,000 40,000 0.20 0.25 2,000 10,000 12,000 ... Total manufacturing overhead (a)........ Total direct labour-hours (b)... Predetermined overhead rate (a) ÷ (b).... $336,000 12,000 DLHS $28.00 per DLH ..... Direct materials....... Direct labour...... Mercon Wurcon $10.00 $8.00 3.00 3.75 Manufacturing overhead applied: Unit product cost. .
The unit product costs combine direct materials, direct labour, and manufacturing overhead costs: Mercon Wurcon Direct materials... Direct labour... Manufacturing overhead Unit product cos...
Transcribed Image Text:The unit product costs combine direct materials, direct labour, and manufacturing overhead costs: Mercon Wurcon Direct materials... Direct labour... Manufacturing overhead Unit product cos...
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