ABC, process costing. Eluey Parker produces mathematical and financial calculators. Data

(elated to the two products is presented below.

Mathematical Financial Annual production in units 50,000 100,000 Direct materials costs $180,000 $360,000 Direct manufacturing labour costs $ 60,000 $120,000 Direct manufacturing labour-hours 2,500 5,000 Machine-hours 25,000 50,000 Number of production runs 50 50 Inspection hours 1,000 500 Both products pass through Department 1 and Department 2. The departments’ combined manufacturing overhead costs are:

Total Machining costs $450,000

$etup costs 144,000 Inspection costs 126,000 Required Compute the manufacturing overhead cost for each product.

Compute the manufacturing cost for each product.