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destion: 5 Modern Products Company purchases four products A,B,C and D. Past Data are as follows: Products Machine Material No. Of production Direct labor hours
destion: 5 Modern Products Company purchases four products A,B,C and D. Past Data are as follows: Products Machine Material No. Of production Direct labor hours per hours per unit Runs ABCD Required: Output units 25 25 250 250 Direct Labor cost is Factory Overhead: Short Run Variable cost Long Run Variable Cost: Scheduling Cost Set up Cost Material Handling Cost 3472 10 Rs. 7.00 per hour. (Rs.) 8,250 unit 2 4 2 4 7,680 3,600 7.650 27,180 2 4 2 4 cost per unit 30 75 30 75 Material component per unit 8 0 in 6 5 8 Find out the product cost of A,B,C and D under Activity Based Costing and Conventional Product Costing using following further Information: Labor/Machine Hours Overhead rate is used under conventional costing.
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