please do not give solution in image format thanku Vaughn Industries manufactures several products including a basic case for a popular smartphone. The company is consideringadopting an activity-based costing approach for setting its budget. The company's production activities, budgeted activity costs, andcost drivers for the coming year are as follows.ActivityMachine setupInspectionMaterials receivingDirect materialsDirect laborActivity Overhead $$239.200Number of setupsNumber of quality testsNumber of purchase ordersProductionThe budgeted data for smartphone case production are as follows.Activity-based unit cost213,200407,400$$3.05 per unit$0.43 per unit26046050Cost Driver434,740 units# of setups# of quality tests# of purchase ordersCost DriverQuantity2.600520Calculate the activity-based unit cost of the smartphone case. (Round answer to 2 decimal places, eg 15.25)4,200

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Description: please do not give solution in image format thanku Vaughn Industries manufactures several products including a basic case for a popular smartphone. The company is consideringadopting an activity-based costing approach for setting its budget. The comp

Under activity based costing system, the costs is assigned to each activity based on its…

Business

Accounting

Vaughn Industries manufactures several products including a basic case for a popular smartphone. The company is considering adopting an activity-based costing approach for setting its budget. The company's production activities, budgeted activity costs, and cost drivers for the coming year are as follows. Activity Machine setup Inspection Materials receiving Activity Overhead $ $239.200 Direct materials Direct labor Number of setups Number of quality tests Number of purchase orders Production 213,200 The budgeted data for smartphone case production are as follows. Activity-based unit cost 407,400 $3.05 per unit $0.43 per unit 260 460 50 Cost Driver # of setups # of quality tests # of purchase orders 434,740 units Cost Driver Quantity 2.600 520 4,200 Calculate the activity-based unit cost of the smartphone case. (Round answer to 2 decimal places, eg 15.253

Vaughn Industries manufactures several products including a basic case for a popular smartphone. The company is considering adopting an activity-based costing approach for setting its budget. The company's production activities, budgeted activity costs, and cost drivers for the coming year are as follows. Activity Machine setup Inspection Materials receiving Activity Overhead $ $239.200 Direct materials Direct labor Number of setups Number of quality tests Number of purchase orders Production 213,200 The budgeted data for smartphone case production are as follows. Activity-based unit cost 407,400 $3.05 per unit $0.43 per unit 260 460 50 Cost Driver # of setups # of quality tests # of purchase orders 434,740 units Cost Driver Quantity 2.600 520 4,200 Calculate the activity-based unit cost of the smartphone case. (Round answer to 2 decimal places, eg 15.253

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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