Allocation of overhead and Calculation of overhead cost per unit | ||||||
J78 | B52 | |||||
Activity | Activity Base | Activity Rate | Usage | Allocated Cost | Usage | Allocated Cost |
Labor related | Direct labor hour | $4.00 | 1,400 | $5,600 | 50 | $200 |
Machine related | Machine hour | $7.00 | 3,900 | $27,300 | 50 | $350 |
Machine Setups | No. of setups | $80.00 | 7 | $560 | 1 | $80 |
Production orders | No. of orders | $100.00 | 7 | $700 | 1 | $100 |
Shipment | No. of shipment | $100.00 | 8 | $800 | 1 | $100 |
General factory | Direct labor hour | $7.00 | 1,400 | $9,800 | 50 | $350 |
Total | $44,760 | $1,180 | ||||
No. of units | 2,000 | 100 | ||||
Manufacturing Overhead cost per unit | $22.38 | $11.80 |
Computation of Unit Product Cost - Activity Based Costing
Particulars | J78 | B52 |
Direct Materials cost per unit | $2.50 | $21.00 |
Direct labor cost per unit | $4.00 | $8.00 |
Manufacturing Overhead cost per unit | $22.38 | $11.80 |
Unit Product Cost | $28.88 | $40.80 |
Check my work Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 9.00 per direct labor-hour $ 5.00 per machine-hour $ 30.00 per setup $ 200.00 per order $ 160.00 per shipment $ 5.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 7.00 per direct labor-hour Machine-related $ 7.00 per machine-hour Machine setups $ 40.00 per setup Production orders $ 100.00 per order Shipments $ 100.00 per shipment General factory $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 4.00 per direct labor- hour Machine- $ related 8.00 per machine-hour Machine $ 40.00 per setup setups Production orders $200.00 per order Shipments $190.00 per shipment General factory $ 8.00 per direct labor- hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 8.00 per direct labor-hour $ 9.00 per machine-hour $ 80.00 per setup $ 200.00 per order $ 190.00 per shipment $ 9.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 9.00 per direct labor-hour Machine-related $ 5.00 per machine-hour Machine setups $ 30.00 per setup Production orders $ 200.00 per order Shipments $ 160.00 per shipment General factory $ 5.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates Activity Cost Pool Activity Rates Labor-related $ 7.00 per direct labor-hour Machine-related $ 3.00 per machine-hour Machine setups $ 40.00 per setup Production orders $ 160.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 5.00 per direct labor-hour $ 6.00 per machine-hour $ 40.00 per setup $ 100.00 per order $ 120.00 per shipment $ 6.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 7.00 per direct labor-hour $ 3.00 per machine-hour $ 40.00 per setup $ 160.00 per order $ 120.00 per shipment $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 10.00 per direct labor-hour Machine-related $ 10.00 per machine-hour Machine setups $ 60.00 per setup Production orders $ 100.00 per order Shipments $ 180.00 per shipment General factory $ 10.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 5.00 per direct labor-hour Machine-related $ 6.00 per machine-hour Machine setups $ 40.00 per setup Production orders $ 100.00 per order Shipments $ 120.00 per shipment General factory $ 6.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost...