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Collin Company manufactures small appliances and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost
Collin Company manufactures small appliances and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost pool Total cost Total activity Assembly Inspection Packaging $460,000 $298,500 $19,700 20,000 8,500 1,800 machine-hours inspection-hours order The company makes 875 of its stand mixers a year, which requires a total of 27 machine hours, 15 inspection hours, and 9 orders. The stand mixer requires $16.00 in direct materials per unit and $10.50 in direct labor per unit. The stand mixer sells for $160 per unit. What is the profit margin in total for the stand mixer? (Do not round intermediary calculations and round your final answer to the nearest cent) A. $26.50 OB. $115.500.24 OC. $23,187.50 OD. $139.977.70
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