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Calculate profits for the five sample products under activity-based costing (ABC). I want to know which are the price of 5 sample products? The number
Calculate profits for the five sample products under activity-based costing (ABC). I want to know which are the price of 5 sample products? The number form exhibit 4 or 5? Should I use the machine time from exhibit 4 or driver volume form exhibit 6 as the activity driver quantity?
For the exclusive use of R. TANj2018. Lehigh Steel 198-085 Exhibit 4 Sample Product Data Alloy: Condition Round Conversion Roller Wire Die Steel Chipper Knife Die Steel: Round Bar High Speed: Machine Coil Production (Ibs) Number of skus Number of orders 478,679 2,081,543 2,413,2996,697,682 2,530,552 102 1,012 311 473 4,163 418 3,218 172 957 3,349 Bill of Materials (lbs / lb of output co o1.00 Steel scrap Alloys 0.00 1.00 0.01 ( $6.29 /lb) ($15.29/lb) ( $152.29/lb) 1.00 1.00 Tce 0.01 0.01 0.00 0.01 ( $48.29/ Machine Time (min / lb; crew 1) Melting (Electric Arc Furnace) Refining (VOD) Molding /Breakdown (Ingot PFF) Rolling (CRM) Finishing (multiple) 0.20 0.21 0.12 0.10 0.06 0.00 0.00 0.00 0.15 0.02 0.09 0.10 0.07 0.33 0.07 0.09 0.10 0.08 0.09 0.08 0.09 0.10 0.07 0.03 0.05Step by Step Solution
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