Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3]
[The following information applies to the questions displayed below.]
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:
Direct Labor-Hours per unit |
Annual Production |
|
Rims | 0.30 | 27,000 units |
Posts | 0.50 | 75,000 units |
Additional information about the company follows:
Estimated Activity | ||||||
Activity Cost Pool | Activity Measure | Estimated Overhead Cost |
Rims | Posts | Total | |
Machine setups | Number of setups | $ | 30,000 | 100 | 50 | 150 |
Special processing | Machine-hours | $ | 121,500 | 6,000 | 0 | 6,000 |
General factory | Direct labor-hours | $ | 756,000 | 9,000 | 45,000 | 54,000 |
Exercise 4-8 Part 1
Required:
1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.)
1 machine setups per setup
special processing per MH
General factory per DLH
Activity cost pool | Estimated Overhead | Activity rate | |
Machine setups | $30,000 | 150 | $200 ($30,000/150) |
Special processing | 121,500 | 6,000 | 20.25 (121,500/6,000) |
General factory | 756,000 | 54,000 | 14 (756,000/54,000) |
Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] [The following information applies to the questions displayed...
Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] [The following information applies to the questions displayed below.] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.30 27,000 units Posts 0.50 75,000 units Additional information about the company follows: Rims require $12 in direct materials per unit, and Posts require $10. The direct labor wage rate is $20 per hour. Rims are more complex to...
Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] (The following information applies to the questions displayed below.] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.40 0.70 Annual Production 18,000 units 77,000 units Rims Posts Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $11. b. The direct labor wage rate is $15 per hour. c. Rims are more...
Exercise 4-8 Computing ABC Product Costs (L04-2, LO4-3) The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.60 0.20 Annual Production 22,000 units 80,000 units Rims Posts Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $15 per hour. c. Rims are more...
Help Save & Exercise 4-8 Computing ABC Product Costs (L04-2, LO4-3] The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the t products follow: Direct Labor-Hours per unit 0.50 0.80 Rims Posts Annual Production 25,000 units 88,000 units Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $17. b. The direct labor wage rate is $15 per hour. c....
Check my work Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] [The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.30 0.50 Annual Production 26,000 units 70,000 units Rims Posts Additional information about the company follows: a. Rims require $15 in direct materials per unit, and Posts require $11. b. The direct labor wage rate is $15 per...
Help me to answer these please!
Required Information Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] The following information applies to the questions displayed below. Performance Products Corporation makes two products, titanium Rims and Posts. Dato regarding the two products follow Direct Labor-Hours Annual Production per unit 20,000 Rims 0,48 units 88,000 Posts 0.20 units Additional information about the company follows: nd Posts require $10 require rect materials per unit, b. The direct labor wage rate is $16 per hour....
Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, L04-3] {The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.30 0.20 Annual Production 29,000 units 86,000 units Rims Posts Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $16 per hour. c. Rims...
No results < > Options cation Saved Help Save Exercise 4-8 Computing ABC Product Costs [L04-2, L04-3] The following information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow. Direct Labor-Hours per unit 0.40 Rims Annual Production 20,000 units 80,000 units Posts 0.20 Additional information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. b. The direct labor wage...
Петр Required information [The following information applies to the questions displayed below) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.40 ®.20 Rims Posts Annual Production 20,000 units 80,000 units Additional Information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $16 per hour. c. Rims are more complex to manufacture than Posts...
Required information The following information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow. Direct Labor-Hours per unit 0.70 0.80 Annual Production 26.000 units 90,000 units Rims Posts Additional Information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $20 per hour. c. Rims are more complex to manufacture than Posts and...