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arner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the ollowing six activity cost pools and activity rates:

arner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the ollowing six activity cost pools and activity rates:

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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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 Activity Rates $6.00 per direct labor-hour $10.00 per machine-hour $50.00 per setup $100.00 per order $ 120.00 per shipment $ 10.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 $4.50 Machine setups Production orders Shipments General factory 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 Total Expected Activity J78 J78 1,400 2,400 8 0000 8 6 B52 30 B52 DOLLI 30 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.) $ 5.00 2,000 B52 $26.00 $6.00 100
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 Activity Rates $6.00 per direct labor-hour $10.00 per machine-hour $50.00 per setup $100.00 per order $ 120.00 per shipment $ 10.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 $4.50 Machine setups Production orders Shipments General factory 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 Total Expected Activity J78 J78 1,400 2,400 8 0000 8 6 B52 30 B52 DOLLI 30 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.) $ 5.00 2,000 B52 $26.00 $6.00 100
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