Ravelo Corporation has provided the following data from its activity-based costing system: Estimated Overhead Activity Cost Pools Assembly Processing orders Inspection Expected Activity $507,520 48,500 machine-hours $ 58,763 1,550 orders $ 82, 089 1,560 inspection-hours Cost Data concerning the company's product L19B appear below. Annual unit production and sales 520 Annual machine-hours 1,080 Annual number of orders 160 Annual inspection hours 110 $ 46.74 per unit $ 19.45 per unit Direct materials cost Direct labor cost According to the activity-based costing system, the unit product cost of product L19B Is closest to: (Round your Intermedlate calculetions to 2 decimal pleces.) Multiple Choice $6.19 per unit $107.46 per unit $10.71 per unit $67.82 per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please answer the multiple-choice question.

Ravelo Corporation has provided the following data from Its activity-based costing system:
Estimated
Overhead
Activity Cost Pools
Assembly
Processing orders
Inspection
Expected Activity
$507,520 48,500 machine-hours
$ 58,763 1,550 orders
$ 82,089 1,560 inspection-hours
Cost
Data concerning the company's product L19B appear below:
Annual unit production and sales
520
Annual machine-hours
1,080
Annual number of orders
160
Annual inspection hours
110
$ 46.74 per unit
$ 19.45 per unit
Direct materials cost
Direct labor cost
According to the activity-based costing system, the unit product cost of product L19B Is closest to: (Round your
Intermedlate calculetions to 2 decimal places.)
Multiple Choice
$66.19 per unit
$107.46 per unit
$110.71 per unit
$67.82 per unit
Transcribed Image Text:Ravelo Corporation has provided the following data from Its activity-based costing system: Estimated Overhead Activity Cost Pools Assembly Processing orders Inspection Expected Activity $507,520 48,500 machine-hours $ 58,763 1,550 orders $ 82,089 1,560 inspection-hours Cost Data concerning the company's product L19B appear below: Annual unit production and sales 520 Annual machine-hours 1,080 Annual number of orders 160 Annual inspection hours 110 $ 46.74 per unit $ 19.45 per unit Direct materials cost Direct labor cost According to the activity-based costing system, the unit product cost of product L19B Is closest to: (Round your Intermedlate calculetions to 2 decimal places.) Multiple Choice $66.19 per unit $107.46 per unit $110.71 per unit $67.82 per unit
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