How do I find the product cost per unit?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
How do I find the product cost per unit?
Transcribed Image Text:Required information
Required:
1. Compute an activity rate for each activity using activity-based costing.
2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to
Pop-up tents and compute overhead cost per unit for each product.
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
2
3. Compute product cost per unit for Pup tents and for Pop-up tents.
4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit).
Required 1
Complete this question by entering your answers in the tabs below.
Pup tent
Pop-up tent
FORMA
Per Unit
F2
Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate" and final answers to 2 decimal
places.)
W
From M
LA MESE
Required 2
191-250
$
Direct
Materials
#
3
Pup tents
30,000
4,000
150
80
F3
20.00 $
25.00
E
Activity Usage
Required 3 Required 4
Direct Labor
45.00
30.00
$
Pop-up tents
12,000
6,000
250
4
F4
Overhead
< Required 2
R
%
5
LO
Product Cost
per Unit
F5
Required 4 >
Prev
<6
1 of 1
F6
&
7
Next
A
F7
TY U
8
DII
F8
(
9
![Problem Video X
Assignment
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.johnstoncc.edu%252Fv
ces
!
2
Question 1- Ch. 17 Assignmen X
Required information
[The following information applies to the questions displayed below.]
Activity
Assembly
Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct
labor hours. Additional information follows.
Per Unit
Pup tent
Pop-up tent
Electricity
Materials purchasing
Total
Selling Price
$ 78
73
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
F2
Budgeted Cost
$ 168,000
24,000
60,000
$ 252,000
# 3
(1) PR17 3B Practice Video - Yox +
Direct Materials
80
F3
$ 20
25
Required:
1. Compute an activity rate for each activity using activity-based costing.
2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to
Pop-up tents and compute overhead cost per unit for each product.
Activity Usage
Pup tents
30,000
4,000
150
Required 1 Required 2 Required 3 Required 4
$
4
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
Complete this question by entering your answers in the tabs below.
F4
Direct Labor
$ 45
30
Pop-up tents
3. Compute product cost per unit for Pup tents and for Pop-up tents.
4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit).
12,000
6,000
250
%
5
O
Saved
F5
Prev
2
<6
Budgeted
Activity Usage
42,000
10,000
400
1 of 1
F6
&
7
Next
F7
* CO
8
DII
F8
(
9
8
FO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe8ec1a3c-ef25-41e0-a640-297aa0ac5121%2F5cb2282b-46be-4dff-accf-6ca75fe80a71%2F5a9aeoo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem Video X
Assignment
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.johnstoncc.edu%252Fv
ces
!
2
Question 1- Ch. 17 Assignmen X
Required information
[The following information applies to the questions displayed below.]
Activity
Assembly
Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct
labor hours. Additional information follows.
Per Unit
Pup tent
Pop-up tent
Electricity
Materials purchasing
Total
Selling Price
$ 78
73
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
F2
Budgeted Cost
$ 168,000
24,000
60,000
$ 252,000
# 3
(1) PR17 3B Practice Video - Yox +
Direct Materials
80
F3
$ 20
25
Required:
1. Compute an activity rate for each activity using activity-based costing.
2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to
Pop-up tents and compute overhead cost per unit for each product.
Activity Usage
Pup tents
30,000
4,000
150
Required 1 Required 2 Required 3 Required 4
$
4
Activity Cost Driver
Direct labor hours (DLH)
Machine hours (MH)
Purchase orders (PO)
Complete this question by entering your answers in the tabs below.
F4
Direct Labor
$ 45
30
Pop-up tents
3. Compute product cost per unit for Pup tents and for Pop-up tents.
4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit).
12,000
6,000
250
%
5
O
Saved
F5
Prev
2
<6
Budgeted
Activity Usage
42,000
10,000
400
1 of 1
F6
&
7
Next
F7
* CO
8
DII
F8
(
9
8
FO
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