Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Mazoon Traders LLC manufactures two different types of gadgets, Media pad and Yoga pad. The company relies on activity based costing system. Products Media

image text in transcribed
1. Mazoon Traders LLC manufactures two different types of gadgets, Media pad and Yoga pad. The company relies on activity based costing system. Products Media pad Yoga pad 10,000 5,000 800 450 32 28 Units of Production Direct labor hours Number of orders placed Machine set up hours No. of Deliveries No.of production runs 35 32 48 30 16 13 36,550 Machine set up costs Machine running costs Procurement costs Delivery costs 46,400 48,000 34,320 You are required to calculate the cost per unit of Media pad and Yoga pad under ABC (2 marks) and absorption costing (2 marks) methods. Compare the cost per unit of production and suggest which costing method is good (1 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Debunked An Auditor Reviews The 2020 Election And The Lessons Learned

Authors: Joseph Fried

1st Edition

1645720756, 978-1645720751

More Books

Students also viewed these Accounting questions