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3 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:
3 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: 10 points Activity Cost Pool Labor-related Machine-related Machine setups Production orders 200.00 per order Shipments General factory Activity Rates $ 9.00 per direct labor-hour $ 4.00 per machine-hour 70.00 per setup 130.00 per shipment eBook $ 4.00 per direct labor-hour Hint Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost per unit Direct labor cost per unit Number of units produced per year $4.50 $46.00 $3.25 4.00 500 Print 4,000 References Total Expected Activit J78 1,500 2,400 B52 50 50 Direct labor-hours Machine-hours Machine setups Production orders Shipments Required Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) J78 B52 Unit product cost 53.30 4 Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools 10 points Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Expected Overhead Cost $ 233,600 $ 9,360 $ 80,000 $ 59,850 $ 236,500 Activity Measure Expected Activity 29,200 DLHs Direct labor-hours Number of orders Number of part types Number of boards Machine-hours 234 orders 100 part types eBook 1,710 boards 21,500 MHs Hint Required 1. Compute the activity rate for each of the activity cost pools 2. The expected activity for the year was distributed among the company's four products as follows: Print Expected Activit Product A Product B Product C Product D Activity Cost Pool Labor-related (DLHs) Purchase orders (orders) Parts management (part types) Board etching (boards) General factorY (MHS) 3,300 50 4,400 74 25 430 3,300 16,100 29 18 750 8,100 5,400 81 13 References 530 3,600 6,500 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the activity rate for each of the activity cost pools Activity Cost Pool Activity Rate Labor-related Purchase orders Parts management Board etching General factory per DLH per order per part type per board per MH 4 At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Expected Overhead Cost 233,600 $ 9,360 $ 80,000 $59,850 Activity Measure Expected Activity 29,200 DLHs 10 points Direct labor-hours Number of orders Number of part types Number of boards Machine-hours 234 orders 100 part types 1,710 boards 236,500 21,500 MHs eBook Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows Hint Expected Activit Activity Cost Pool Labor-related (DLHs) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) Product A Product B Product C Product D Print 4,400 74 25 430 3,300 16,100 3,300 50 5,400 81 13 18 750 8,100 530 3,600 References 6,500 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below Required 1Required 2 Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Assigned Product B Activity Cost Pool Product A Product C Product D Labor-related (DLHs) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) Total
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