Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based costing system, given the following information. Use of Cost Drivers per Product Car Truck Number of setups 200 800 Direct labor hours 43,000 45,000 Number of inspections 100 1,100 Car Wheels Setting up machines SA $ Assembling $ Truck Wheels $ $ SA Inspection $ SA $ Total cost assigned $ SA $ SUPPORT

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based
costing system, given the following information.
Use of Cost Drivers per Product
Car
Truck
Number of setups
200
800
Direct labor hours
43,000
45,000
Number of inspections
100
1,100
Car Wheels
Setting up machines
SA
$
Assembling
$
Truck Wheels
$
$
SA
Inspection
$
SA
$
Total cost assigned
$
SA
$
SUPPORT
Transcribed Image Text:Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based costing system, given the following information. Use of Cost Drivers per Product Car Truck Number of setups 200 800 Direct labor hours 43,000 45,000 Number of inspections 100 1,100 Car Wheels Setting up machines SA $ Assembling $ Truck Wheels $ $ SA Inspection $ SA $ Total cost assigned $ SA $ SUPPORT
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