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 General factory Activity Rates $ 4.00 per direct labor-hour $ 8.00 per machine-hour $ 40.00 per setup $ 200.00 per order $ 190.00 per shipment $ 8.00 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 378 $ 5.00 B52 $ 46.00 $ 4.25 1,000 $ 5.00 200 Number of units produced per year Total Expected Activity 378 B52 Direct labor-hours 1,300 50 Machine-hours 2,600 40 Machine setups 7 4 Production orders Shipments 12 82 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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 General factory Activity Rates $ 4.00 per direct labor-hour $ 8.00 per machine-hour $ 40.00 per setup $ 200.00 per order $ 190.00 per shipment $ 8.00 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 378 $ 5.00 B52 $ 46.00 $ 4.25 1,000 $ 5.00 200 Number of units produced per year Total Expected Activity 378 B52 Direct labor-hours 1,300 50 Machine-hours 2,600 40 Machine setups 7 4 Production orders Shipments 12 82 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![es
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 Rates
$ 4.00 per direct labor-hour
$ 8.00 per machine-hour
Machine setups
$ 40.00 per setup
Production orders
$ 200.00 per order
Shipments
$190.00 per shipment
General factory
$ 8.00 per direct labor-hour
Cost and activity data have been supplied for the following products:
Activity Cost Pool
Labor-related
Machine-related
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
Unit product cost
Total Expected
Activity
J78
J78
1,300
2,600
7
8
12
B52
50
B52
59444
40
378
$ 5.00
$ 4.25
1,000
Required:
Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2
decimal places.)
B52
$ 46.00
$ 5.00
200
E](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F03e32cfb-8db2-4b0b-ac07-731fbb50541c%2F5ab01d05-dc1b-4c06-a38b-777467dce8ad%2F3mpalu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:es
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 Rates
$ 4.00 per direct labor-hour
$ 8.00 per machine-hour
Machine setups
$ 40.00 per setup
Production orders
$ 200.00 per order
Shipments
$190.00 per shipment
General factory
$ 8.00 per direct labor-hour
Cost and activity data have been supplied for the following products:
Activity Cost Pool
Labor-related
Machine-related
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
Unit product cost
Total Expected
Activity
J78
J78
1,300
2,600
7
8
12
B52
50
B52
59444
40
378
$ 5.00
$ 4.25
1,000
Required:
Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2
decimal places.)
B52
$ 46.00
$ 5.00
200
E
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