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did I get this right Required information The following information applies to the questions displayed below.J Performance Products Corporation makes two products, titanium Rims and
did I get this right
Required information The following information applies to the questions displayed below.J Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Direct Labor-Hours per unit 0.20 0.70 Annual Production 21,000 units 79,000 units Rims Posts Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $15 b. The direct labor wage rate is $15 per hour. C. Rims are more complex to manufacture than Posts and they require special equipment. d. The ABC system has the following activity cost pools Estimated Activit Estimated Overhead Cost Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Rims Posts 90 $ 34,760 136,670 Direct labor-hours $819,000 110 1,000 9,000 Total 200 1,000 63,000 54,000 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts 12.99 9.08Step by Step Solution
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