Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Incoming inspection Total overhead Standard 10,800 $ 222,750 251,775 186,300 $ 660,825 50 $ 30 50 Premium 2,700 Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming materfal inspection. Data on manufacturing overhead for a representative quarter follow: 25 $64 75
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: Units produced Production runs per quarter Direct materials cost per unit Direct labor cost per unit Supervision Setup labor Incoming inspection Total overhead Standard 10,800 $ 222,750 251,775 186,300 $ 660,825 50 $ 30 50 Premium 2,700 Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming materfal inspection. Data on manufacturing overhead for a representative quarter follow: 25 $64 75
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Exercise 9-34 and 9-35 (Algo)
[The following information applies to the questions displayed below.]
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data
for a representative quarter for the two models follow:
Units produced
Production runs per quarter
Direct materials cost per unit
Direct labor cost per unit
Supervision
Setup labor
Incoming inspection
Total overhead
Standard
10,800
$ 222,750
251,775
186,300
$ 660,825
50
$ 30
50
Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming materfal
inspection. Data on manufacturing overhead for a representative quarter follow:
Premium
2,700
25
$ 64
75](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fade0edb4-aaef-4437-aa61-c7d07457cac9%2F361f99a6-f5c8-45da-8154-52e131470153%2Ficesemx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 9-34 and 9-35 (Algo)
[The following information applies to the questions displayed below.]
Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data
for a representative quarter for the two models follow:
Units produced
Production runs per quarter
Direct materials cost per unit
Direct labor cost per unit
Supervision
Setup labor
Incoming inspection
Total overhead
Standard
10,800
$ 222,750
251,775
186,300
$ 660,825
50
$ 30
50
Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming materfal
inspection. Data on manufacturing overhead for a representative quarter follow:
Premium
2,700
25
$ 64
75
Transcribed Image Text:Required:
a. Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton (using direct labor
costs as the allocation basis for overhead).
b. Compute the unit costs for the two products, Standard and Premium, using the proposed ABC system at Benton.
Note: For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.
a. Using current costing system
b. Using proposed ABC system
Unit cost
Standard
Premium
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