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Exercise 4-3 Compute ABC Product Costs [LO4-3] Larner Corporation Is a diversified manufacturer of Industrial goods. The company's activity-based costing system contains the following six

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Exercise 4-3 Compute ABC Product Costs [LO4-3] 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: Activity Cont Pool Activity Rates Tabor-related 5.00 per direct labor-hour Machine-related $ 4.00 per machine-hour Machine setup $60.00 per setup Production orders $ 100.00 per order Shipments $ 120.00 per shipment General factory 4.00 per direct labor-hour $ Cost and activity data have been supplied for the following products: 370 352 Direct materia cont per unit $ 3.50 $20.00 Direct labor cost per unit $ 3.75 Number of units produced per year 2.000 $9.00 400 Direct labor-hours Machine-hours Machine setups Production orders Shipments Total expected Activity J70 352 1,200 2.800 20 7 4 2 4. 5 Required: Compute the unit product cost of each product listed above. (Do not round Intermediate calculations. Round vour answers to 2 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 B52 Unit product cost

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