Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead Cost $ 500,520 $ 55,263 $ 78,589 Expected Activity 45,000 machine-hours Data concerning the company's product L19B appear below: Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 1,200 orders 1,210 inspection-hours 450 1,010 90 40 $ 39.74 per unit $ 12.45 per unit According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice О $52.19 per unit $92.13 per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
provide correct solution
Ravelo Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools
Assembly
Processing orders
Inspection
Estimated
Overhead Cost
$ 500,520
$ 55,263
$ 78,589
Expected Activity
45,000 machine-hours
Data concerning the company's product L19B appear below:
Annual unit production and sales
Annual machine-hours
Annual number of orders
Annual inspection hours
Direct materials cost
Direct labor cost
1,200 orders
1,210 inspection-hours
450
1,010
90
40
$ 39.74 per unit
$ 12.45 per unit
According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2
decimal places.)
Multiple Choice
О
$52.19 per unit
$92.13 per unit
Transcribed Image Text:Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead Cost $ 500,520 $ 55,263 $ 78,589 Expected Activity 45,000 machine-hours Data concerning the company's product L19B appear below: Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 1,200 orders 1,210 inspection-hours 450 1,010 90 40 $ 39.74 per unit $ 12.45 per unit According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice О $52.19 per unit $92.13 per unit
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education