Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:
Direct Labor-Hours per unit |
Annual Production |
|
Rims | 0.40 | 18,000 units |
Posts | 0.80 | 76,000 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 | $ | 25,080 | 80 | 220 | 300 |
Special processing | Machine-hours | $ | 122,360 | 2,000 | 0 | 2,000 |
General factory | Direct labor-hours | $ | 702,000 | 7,000 | 47,000 | 54,000 |
Exercise 4-8 Part 2
2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.70 20,000 units Posts 0.60 84,000 units Additional information about the company follows: Rims require $16 in direct materials per unit, and Posts require $12. The direct labor wage rate is $15 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.40 20,000 units Posts 0.20 80,000 units Additional information about the company follows: Rims require $17 in direct materials per unit, and Posts require $10. The direct labor wage rate is $16 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.70 26,000 units Posts 0.70 90,000 units Additional information about the company follows: Rims require $14 in direct materials per unit, and Posts require $10. The direct labor wage rate is $18 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
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 21,000 units Posts 0.50 74,000 units Additional information about the company follows: Rims require $15 in direct materials per unit, and Posts require $12. The direct labor wage rate is $16 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit 0.20 0.70 Annual Production 21,000 units 79,000 units Rims Posts Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $15. b. The direct labor wage rate is $15 per hour. C. Rims are more complex to manufacture than Posts and they require special equipment. d. The ABC system has the following...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.50 18,000 units Posts 0.60 77,000 units Additional information about the company follows: Rims require $12 in direct materials per unit, and Posts require $8. The direct labor wage rate is $15 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.70 20,000 units Posts 0.60 84,000 units Additional information about the company follows: Rims require $16 in direct materials per unit, and Posts require $12. The direct labor wage rate is $15 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Amazon Korie Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.80 29,000 units Posts 0.80 73,000 units Additional information about the company follows: Rims require $20 in direct materials per unit, and Posts require $18. The direct labor wage rate is $16 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...
Performance Products Corporation makes two products, Titanium Rims and Posts. Data regarding the two products is provided in the following table: Direct Labor Hours per Unit Annual Production Rims 0.40 20,000 units Posts 0.20 80,000 units Additional information about the company follows: a. Rims require $17.00 in direct materials per unit, and Posts require $10.00. b. The direct labor wage rate is $16.00 per hour. c. Rims are more complex to manufacture than Posts, and they require special equipment. d....
Lorie Metals Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours per unit Annual Production Rims 0.80 29,000 units Posts 0.80 73,000 units Additional information about the company follows: Rims require $20 in direct materials per unit, and Posts require $18. The direct labor wage rate is $16 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools:...