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J78 B52 Direct materials cost per unit $6.50 $31.00 Direct labor cost per unit $3.75 $6.00 Number of units produced per year 4,000 100 Total Expected Activity J78 B52 Direct labor-hours 1,000 40 Machine-hours 3,200 30 Machine setups 5 1 Production orders 5 1 Shipments 10 1

J78 B52 Direct materials cost per unit $6.50 $31.00 Direct labor cost per unit $3.75 $6.00 Number of units produced per year 4,000 100 Total Expected Activity J78 B52 Direct labor-hours 1,000 40 Machine-hours 3,200 30 Machine setups 5 1 Production orders 5 1 Shipments 10 1

FINANCIAL ACCOUNTING
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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J78 B52 Direct materials cost per unit $6.50 $31.00 Direct labor cost per unit $3.75 $6.00 Number of units produced per year 4,000 100 Total Expected Activity J78 B52 Direct labor-hours 1,000 40 Machine-hours 3,200 30 Machine setups 1 Production orders 1 Shipments 10 1 Required: Compute the unit product cost of each product listed above.
Transcribed Image Text:J78 B52 Direct materials cost per unit $6.50 $31.00 Direct labor cost per unit $3.75 $6.00 Number of units produced per year 4,000 100 Total Expected Activity J78 B52 Direct labor-hours 1,000 40 Machine-hours 3,200 30 Machine setups 1 Production orders 1 Shipments 10 1 Required: Compute the unit product cost of each product listed above.
EXERCISE 4–3 Compute ABC Product Costs LO4-3 9 Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates $7.00 per direct labor-hour $3.00 per machine-hour Labor-related Machine-related $40.00 per setup $160.00 per order Machine setups Production orders $120.00 per shipment $4.00 per direct labor-hour Shipments General factory Cost and activity data have been supplied for the following products: Page 171 J78 B52 Direct materials cost per unit $6.50 $31.0O Direct labor cost $3.75 $6.00 r unit Number of units produced per year 4,000 100
Transcribed Image Text:EXERCISE 4–3 Compute ABC Product Costs LO4-3 9 Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates $7.00 per direct labor-hour $3.00 per machine-hour Labor-related Machine-related $40.00 per setup $160.00 per order Machine setups Production orders $120.00 per shipment $4.00 per direct labor-hour Shipments General factory Cost and activity data have been supplied for the following products: Page 171 J78 B52 Direct materials cost per unit $6.50 $31.0O Direct labor cost $3.75 $6.00 r unit Number of units produced per year 4,000 100
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