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can someone answer and tell me if my answers are correct As part of the effort to determine whether it would be worthwhile to update
can someone answer and tell me if my answers are correct
As part of the effort to determine whether it would be worthwhile to update the cost system, the cost accounting manager hos collected data on three representative jobs completed in April. Data on those jobs follow 3040 Hob 007 1 Direct material 5 34.680 3.62.000 $112,600 chhours 2.06 1.660 1.00 2.0 Production runs The cost accounting manager has a tentative design for an ABC system to replace the current cost story is ayantwerpers active Data on the activities and the cost drivers for each activity are given as follows cost oelver trial con Machine hours Units Order Production al cost be $15.000.000 so 125. Material Handling chin Finishing shipping Setup Gwen State Un 176 So Help Save & Activity Material Handling Machining Finishing Shipping Setups Cast Driver Material cost Machine hours Units Orders Production runs Annual Cost Driver Volume $15,000,000 500,000 125,000 100 175 Required: a. What is the unit cost for each of the three jobs assuming DP, Inc. continues to use its current casting system b. What is the unit cost for each of the three jobs assuming DP, Inc adopts the ABC system as designed by the cost og manager? (Do not round intermediate calculations, Round your final answers to 2 decimal places.) Unit Cost Jabolos Jo 0107 5 1583 1805 210 Using the current costing system Using the ABC system As part of the effort to determine whether it would be worthwhile to update the cost system, the cost accounting manager hos collected data on three representative jobs completed in April. Data on those jobs follow 3040 Hob 007 1 Direct material 5 34.680 3.62.000 $112,600 chhours 2.06 1.660 1.00 2.0 Production runs The cost accounting manager has a tentative design for an ABC system to replace the current cost story is ayantwerpers active Data on the activities and the cost drivers for each activity are given as follows cost oelver trial con Machine hours Units Order Production al cost be $15.000.000 so 125. Material Handling chin Finishing shipping Setup Gwen State Un 176 So Help Save & Activity Material Handling Machining Finishing Shipping Setups Cast Driver Material cost Machine hours Units Orders Production runs Annual Cost Driver Volume $15,000,000 500,000 125,000 100 175 Required: a. What is the unit cost for each of the three jobs assuming DP, Inc. continues to use its current casting system b. What is the unit cost for each of the three jobs assuming DP, Inc adopts the ABC system as designed by the cost og manager? (Do not round intermediate calculations, Round your final answers to 2 decimal places.) Unit Cost Jabolos Jo 0107 5 1583 1805 210 Using the current costing system Using the ABC system Step by Step Solution
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