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 Labor related Machine-related Machine setups Production orders Shipments $200.00 per order $ 200.00 per shipment General factory $6.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours. Machine-hours Machine setups Production orders Shipments Activity Rates $ 10.00 per direct labor-hour $6.00 per machine-hour $80.00 per setup Unit product cost Total Expected Activity J78 378 1,100 2,300 6 3 5 852 30 40 B52 2 2 2 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $ 2.50 $5.00 4,000 152 $34.00 $10.00 200

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 Labor related Machine-related Machine setups Production orders Shipments $200.00 per order $ 200.00 per shipment General factory $6.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours. Machine-hours Machine setups Production orders Shipments Activity Rates $ 10.00 per direct labor-hour $6.00 per machine-hour $80.00 per setup Unit product cost Total Expected Activity J78 378 1,100 2,300 6 3 5 852 30 40 B52 2 2 2 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 $ 2.50 $5.00 4,000 152 $34.00 $10.00 200

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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