Knowledge Check 01 Activities Activity Rates Assembly $ 14.35 per machine-hour Processing Orders $ 47.85 per order inspection $ 70.30 per inspection-hour True Blue Corporation provided the data set forth above from its activity-based costing system. The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year. The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit. What is the unit product cost of product D28K? What is the unit product cost of product D28K?
Calculate the unit product cost as follows:
Therefore, the unit product cost of product D28K is $94.49.
Above figures have been calculated in the following manner:
Knowledge Check 01 Activities Activity Rates Assembly $ 14.35 per machine-hour Processing Orders $ 47.85 per...
Knowledge Check 01 Activities Assembly Processing Orders inspection Activity Rates $14.35 per machine-hour $47.85 per order $70.30 per inspection-hour True Blue Corporation provided the data set forth above from its activity-based costing system. The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year. The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit. What is the unit product cost...
Activities Activity Rates Assembly $ 14.35 per machine-hour Processing Orders $ 47.85 per order inspection $ 70.30 per inspection-hour True Blue Corporation provided the data set forth above from its activity-based costing system. The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year. The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit. What is the unit product cost...
1) Helio Company has two products: A and B. The annual production and sales of Product A is 1,850 units and of Product B is 1,250 units. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labor-hours per unit and Product B requires 0.6 direct labor-hours per unit. The total estimated overhead for next period is $100,485. What is the company’s predetermined overhead rate? 2) Activities Activity...
Knowledge Check 01 Helio Company has two products: A and B. The annual production and sales of Product A is 1,850 units and of Product B is 1,250 units. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labor-hours per unit and Product B requires 0.6 direct labor-hours per unit. The total estimated overhead for next period is $100,485. What is the company's predetermined overhead rate? Answer...
(processing orders is 28479) processing orders is 28479 CCL Corporation has provided the following data from its activity-based costing (ABC System Activity Pool Total Cost Total Activity 84,000 Assembly $1,137,360 machine hours Processing $26/10 1,100 orders orders 1,270 Inspection $97,155 inspection hours The company produces and sells 470 units of product W268 a year, requiring a total of 660 machine hours, 50 orders, and 40 inspection hours per year. The product's direct materials cost is $40.30 per unit and its...
Feldpausch Corporation has provided the following data from its activity-based costing system Activity Cost Pool Assembly Processing orders Total Cost $1,137,360 Total Activity 84,000 machine-hours 1,100 orders 28,479 inspection Inspection $ 97,155 1,270 hours The company makes 470 units of product W268 a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.30 per unit and its direct labor cost is $42.22 per unit. The product sells for $118.00...
Utilizing the activity-based costing system information provided below, select the correct product margin. Total Activity Activity Cost Pool Assembly Processing orders 5,000 machine-hours Total Cost $600,000 $300,000 $200,000 500 orders Inspection 400 inspection-hours The company makes 5,000 units of Product XYZ a year, requiring a total of 1,000 machine-hours, 10 orders, and 10 inspection-hours per year. The product's direct materials cost is $100.00 per unit and its direct labor cost is $50.00 per unit. The product sells for $200.00 per...
6. Sarah Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Assembly ......... Processing orders ........ Inspection ... Total Cost $387,000 $68,510 $129,117 Total Activity 25,000 machine-hours 1,700 orders 1,930 inspection-hours The company makes 240 units of product T91H a year, requiring a total of 550 machine-hours, 90 orders, and 40 inspection-hours per year. The product's direct materials cost is $16.98 per unit and its direct labor cost is $12.09 per unit. According to the...
6. Sarah Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly .................. $387,000 25,000 machine-hours Processing orders ........ $68,510 1,700 orders Inspection $129,117 1,930 inspection-hours The company makes 240 units of product T91H a year, requiring a total of 550 machine-hours, 90 orders, and 40 inspection-hours per year. The product's direct materials cost is $16.98 per unit and its direct labor cost is $12.09 per unit. According to the activity-based...
Pinnocle Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $ 1,384,600 70,000 machine-hours Processing orders $ 48,006 1,800 orders Inspection $ 127,917 1,830 inspection-hours The company makes 500 units of product S78N a year, requiring a total of 750 machine-hours, 40 orders, and 10 inspection-hours per year. The product's direct materials cost is $50.69 per unit and its direct labor cost is $12.78 per unit. The product sells for...