Exercise 4-3 Compute ABC Product Costs (L04-3) Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates 5 Activity Cost Pool Labor related Machine related Machine setups Production orders Shipments General factory Activity Rates $ 7.60 per direct labor-hour 7.00 per machine-hour $ 30.00 per setup $ 200.00 per order $140.00 per shipment $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products Direct materials cost per unit Direct labor cost per unit Number of units produced per year $ $ 3252 5.50 $ 32.00 .75 .00 4,000 100 Total Expected Activity 378 1.200 2.200 Direct labor hour Hachine hours Exercise 4-3 Compute ABC Product Costs (L04-3) Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates 5 Activity Cost Pool Labor related Machine related Machine setups Production orders Shipments General factory Activity Rates $ 7.60 per direct labor-hour 7.00 per machine-hour $ 30.00 per setup $ 200.00 per order $140.00 per shipment $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products Direct materials cost per unit Direct labor cost per unit Number of units produced per year $ $ 3252 5.50 $ 32.00 .75 .00 4,000 100 Total Expected Activity 378 1.200 2.200 Direct labor hour Hachine hours