B300 T500 Total % of % of Amount Total Amount Amount Total Amount Amount Activity-Based Costing System Direct costs: Direct materials $ 400,100 71.2 % $ 162,100 28.8 % 2$ 562,200 Direct labor 120,200 74.1 % 42,000 25.9 % 162,200 % % Indirect costs: Direct labor 124,670 59.4 % 85,214 40.6 % 209,884 Setups 31,160 20.8 % 118,900 79.2 % 150,060 Product sustaining 50,800 50.0 % 50,800 50.0 % 101,600 Total cost assigned to products $ 726,930 $ 459,014 1,185,944 Costs not assigned to products: Other 60,900 Total cost $ 1,246,844
B300 T500 Total % of % of Amount Total Amount Amount Total Amount Amount Activity-Based Costing System Direct costs: Direct materials $ 400,100 71.2 % $ 162,100 28.8 % 2$ 562,200 Direct labor 120,200 74.1 % 42,000 25.9 % 162,200 % % Indirect costs: Direct labor 124,670 59.4 % 85,214 40.6 % 209,884 Setups 31,160 20.8 % 118,900 79.2 % 150,060 Product sustaining 50,800 50.0 % 50,800 50.0 % 101,600 Total cost assigned to products $ 726,930 $ 459,014 1,185,944 Costs not assigned to products: Other 60,900 Total cost $ 1,246,844
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The "direct labor" tab right under "Indirect Costs:" is incorrect. I also think something is missing right above the "Total Cost" tab. Please help! Thank you! :)
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