Nole, Incorporated, manufactures and sells two products: Product W8 and Product NO. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Total Direct Labor-Hours 900 11,000 11,900 The direct labor rate is $17.40 per DLH. The direct materials cost per unit for each product is given below: Product W8 Product NO Total direct labor-hours Product W8 Product NO Direct Materials Cost per Unit $ 176.40 $ 280.50 Expected Production 100 1,000 Activity Cost Pools Labor-related Machine setups Order size The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Product NO 11,000 400 4,200 Activity Measures Direct Labor- Hours Per Unit 9.0 11.0 DLHS setups MHS Expect Product W8 900 300 4,000 Hurhans and Animals Parallels Save & Exit Submit Help Estimated Overhead Cost $461,720 25,865 796,220 $ 1,283,805 The overhead applied to each unit of Product W8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Total 11,900 700 8,200

Nole, Incorporated, manufactures and sells two products: Product W8 and Product NO. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Total Direct Labor-Hours 900 11,000 11,900 The direct labor rate is $17.40 per DLH. The direct materials cost per unit for each product is given below: Product W8 Product NO Total direct labor-hours Product W8 Product NO Direct Materials Cost per Unit $ 176.40 $ 280.50 Expected Production 100 1,000 Activity Cost Pools Labor-related Machine setups Order size The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Product NO 11,000 400 4,200 Activity Measures Direct Labor- Hours Per Unit 9.0 11.0 DLHS setups MHS Expect Product W8 900 300 4,000 Hurhans and Animals Parallels Save & Exit Submit Help Estimated Overhead Cost $461,720 25,865 796,220 $ 1,283,805 The overhead applied to each unit of Product W8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) Total 11,900 700 8,200

Name: Nole, Incorporated, manufactures and sells two products: Product W8 a
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Description: Nole, Incorporated, manufactures and sells two products: Product W8 and Product NO. Data concerning the expected production of each product andthe expected total direct labor-hours (DLHs) required to produce that output appear below:Product W8Produc

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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