Activity Cost Pool Labor-related Machine-related Machine setups Production orders. Shipments General factory Activity Rates $7.00 $ 5.00 $ 40.00 per setup $200.00 per order $120.00 per shipment $ 5.00 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 setups Production orders Shipments Unit product cost per direct labor-hour per machine-hour JTB Total Expected Activity 378 1,000 3,400 8 6 7 852 20 20 852 2 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $7.00 $4.00 2,000 852 $50.00 $10.00 100
Activity Cost Pool Labor-related Machine-related Machine setups Production orders. Shipments General factory Activity Rates $7.00 $ 5.00 $ 40.00 per setup $200.00 per order $120.00 per shipment $ 5.00 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 setups Production orders Shipments Unit product cost per direct labor-hour per machine-hour JTB Total Expected Activity 378 1,000 3,400 8 6 7 852 20 20 852 2 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $7.00 $4.00 2,000 852 $50.00 $10.00 100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Do not give answer in image and hand writing
Transcribed Image Text:Larner 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 orders
Shipments
$120.00 per shipment
General factory
$ 5.00 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 setups
Production orders
Shipments
Activity Rates
$7.00 per direct labor-hour
$5.00 per machine-hour
$ 40.00 per setup
$200.00 per order.
Unit product cost
Total Expected
Activity
JTE
378
1,000
3,400
8
6
7
852
20
20
Required:
Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2
decimal places.)
852
378
$7.00
$ 4.00
2,000
852
$50.00
$10.00
100
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