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Also with this information can you please help me find: The difference in total cost between ABC and the volume-based costing system for Job Y
Also with this information can you please help me find:
The difference in total cost between ABC and the volume-based costing system for Job Y is:
and
Using ABC, the cost per unit for Job Z is:
Oxnard Company uses a volume-based costing system that applies overhead cost based on machine hours at $26 per machine hour. The company is considering adopting an activity-based costing system with the following data: Activity Cost Driver Rate $1.60 1.20 7.50 0.50 20.00 Materials handling Lathe work Milling Grinding Testing Pounds of material Number of parts Number of machine hours Number of turns Number of units tested The two jobs processed in the month of May had the following characteristics Job Z $60,000 $12,000 3,000 1,500 40,000 800 200 ob Y $18,000 $6,000 900 450 10,000 400 80 Direct material Direct labor Pounds of material Number of parts Number of turns Number of machine hours Number of units in each job All units tested Q. Using ABC, the cost per unit for Job Y isStep by Step Solution
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