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2 Check my Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Part 2 of 2 Direct Labor-lours
2 Check my Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Part 2 of 2 Direct Labor-lours per unit 0.20 0.70 Rims Posts Annual Production 21,000 unita 79,000 unita 3.75 points 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 activity cost pools: eBook References Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setupa Machine-hours Direct labor-hours Estimated Overhead Cost $ 34,760 $ 136,670 $ 819,000 Rims 110 1.000 9.000 Posts 90 0 54,000 Total 200 1,000 63,000 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.) Unit product cost of Rims G education.com%252Fmgmiddlewa Help 3 Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below Percent Completed Labor and Tons of Pulp Materials Overhead Work in process, June 1 80,400 815 Work in process, June 30 50,500 42 168 Started into production during June 300,600 28 Book Hint rint Required: 1. Compute the number of tons of pulp completed and transferred out during June. 2. Compute the equivalent units of production for materials and for labor and overhead for June rences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of tons of pulp completed and transferred out during June. Tons completed and transferred (Required 1 Required 2 >
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