3 $ oped Book Hint erences Lamer Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production ordere 5 10.00 per machine-hour $ 30.00 per setup $200.00 per order Shipments $ 140.00 per shipment General factory $ 10.00 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 Machine setupa Production orders Shipments Activity Rates $5.00 per direct labor-hour Unit product cost Total Expected Activity J78 378 1,500 2,600 6 I 852 50 30 B52 1 1 1 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $5.50 $ 4.25 2,000 952 $ 20.00 $7.00 200

3 $ oped Book Hint erences Lamer Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production ordere 5 10.00 per machine-hour $ 30.00 per setup $200.00 per order Shipments $ 140.00 per shipment General factory $ 10.00 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 Machine setupa Production orders Shipments Activity Rates $5.00 per direct labor-hour Unit product cost Total Expected Activity J78 378 1,500 2,600 6 I 852 50 30 B52 1 1 1 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $5.50 $ 4.25 2,000 952 $ 20.00 $7.00 200

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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