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Question Completion Status: 4 p. QUESTION 31 (10) Ace Company manufactures two products, X and Y. The following information is given: Data regarding the two products follow. Product Direct labor bours required Annual production units to make lumit 3 hours per unit 200 units 2 hours per unit 100 units 5960 340 Y $230 100 Data regarding direct material and direct labor costs follow: Direct material cont per unit of product Direct labor cost per unit of product * If the company unes traditional costing, direct lilor hours are the base for applying manufacturing overhead to its products. The predetermined overhead rate is given 875 per direct labor hour * If the company uses activity-based costing, the company's overhead costs will be traced to two activity cont pools. The following data are given: Estimated Overhead cost applied to Activity X Overhead Cost cost pool Activity For X and Y Activity rate (for 2,000 units measure together together) Design Number of parts 536,000 $300 per Part 57,200 Click Save and submit to save and submit. Click Save All Armers to serve all the Se All CW If the company uses activity-based costing the company's overhead costs will be traced to two activity cost pools. The following data are given: Estimated Overhead cont applied to Activity Overhead Cost cost pool Activity For X and Y Activity rate (for 2,000 units measure together together) Design Number of parts $36,000 $360 per Part $7.200 Inspection Production units $24,000 $80 per Unit $16,000 $23,200 Total The unit product cost of Product X is: O A. $2,172 O B. 524,700 O C. $1,732 OD. $25,780 QUESTION 32 (E01) A company should use process costing rather than job order costing, if: O A. production is only partially completed during the accounting period. C Remaining Time: 40 minutes, 52 seconds Question Completion Status: QUESTTUN ST 4 points (110) Ace Company manufactures two products, X and Y. The following information is given Data regarding the two products follow. Product Direct labor hours required Annual production units to make 1 unit 3 hours per unit 200 units Y 2 hours per unit 100 units Duta regarding direct material and direct labor conta follow X Y Direct materialet per unit of product 5960 S230 Direct labor cost per unit of product 560 100 **the company wes traditional costing, direct laber hours are the bare for applying manufacturing overhead to its products. The predetermined overhead mate is given us $75 per direct labor hour. at the company wes activity-based costing the company's overhead costs will be traced to two activity cost pools. The following data are given Overhead con applied to Activity cost pool Estimated Overhead Cost For X and Y together $36,000 Activity measure Number of parts Activity rate (for 2,000 units together) 57.200 Design $360 per Part Chicken ben toe wonit. Cheke ABANS Se All des W Save and * Question Completion Status: predetermined overhead rate is given as S75 per direct labor hour. If the company uses activity-based costing, the company's overhead costs will be traced to two activity cost pools. The following data are given: Activity cost pool Estimated Overhead Cost For X and Y together $36,000 Activity measure Number of parts Activity rate Overhead cost applied to X (for 2,000 units together) 57,200 Design $360 per Part Inspection Production units $24,000 $80 per Unit 516,000 $23,200 Total The unit product cost of Product X is: O A $2,172 O B. $24,700 O C. $1,732 O D. $25,780
