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.. .
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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. .
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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