5-21 ABC, process costing. Parker Company produces mathematical and financial calculators and oper- ates at capacity. Data related to the two products are presented here: TI Mathematical Financial Annual production in units Direct material costs Direct manufacturing labor cests Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours 50,000 S150,000 S 50,000 2,500 25,000 50 1,000 100,000 $300,000 S100,000 5,000 50,000 50 500 CHAPTERG ACTIMIY BASED COSTING AND ACTMIY-BASED MANAGEMENT Total manufacturing overhead costs are as follows: Machining costs Setup costs Inspection costs Total S375,000 120,000 105,000 Required 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. 2. Compute the manufecturing cost per unit for each product. Act
5-21 ABC, process costing. Parker Company produces mathematical and financial calculators and oper- ates at capacity. Data related to the two products are presented here: TI Mathematical Financial Annual production in units Direct material costs Direct manufacturing labor cests Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours 50,000 S150,000 S 50,000 2,500 25,000 50 1,000 100,000 $300,000 S100,000 5,000 50,000 50 500 CHAPTERG ACTIMIY BASED COSTING AND ACTMIY-BASED MANAGEMENT Total manufacturing overhead costs are as follows: Machining costs Setup costs Inspection costs Total S375,000 120,000 105,000 Required 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. 2. Compute the manufecturing cost per unit for each product. Act
Chapter1: Financial Statements And Business Decisions
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