Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13 0.5 pts Floyd Inc. produces the following three items of stuffed toys using an automated technology: Bear, Puppy, and Bunny. The estimation for the
13 0.5 pts Floyd Inc. produces the following three items of stuffed toys using an automated technology: Bear, Puppy, and Bunny. The estimation for the number of units produced, machine hours used, and direct labor hours used for each toy during the current year is as follows. Bear Number of units 2,000 Machine hours (MH) 8,000 MH Direct labor hours (DLH) 700 DLH Puppy Bunny 3,000 5,000 5,000 MH 1,000 DLH 4,000 MH 2,300 DLH The total machine running costs incurred during the year is $204,000. The allocation of machine running costs to these three items is based on machine hours. How much machine running costs are expected to be allocated to each unit of Bear? (Round your answer to two decimal points). $48.00 per unit $9.60 per unit O $20.00 per unit O $12.00 per unit < Previous Next
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started