GB Inc. produces three products. Production and cost information show the following Model X Model Y Model Z Units Produced 1,000 3,000 6,000 Direct labor hours 2,000 1,000 2,000 Number of inspections 20 30 50 Inspection costs totaled P100,000. Using ABC, inspections costs allocated to each unit of Model X would be:

GB Inc. produces three products. Production and cost information show the following Model X Model Y Model Z Units Produced 1,000 3,000 6,000 Direct labor hours 2,000 1,000 2,000 Number of inspections 20 30 50 Inspection costs totaled P100,000. Using ABC, inspections costs allocated to each unit of Model X would be:

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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A 162.