Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find unit product cost of Rims unit product cos of Posts Can anyone show how to solve? Thanks [The following information applies to the questions

image text in transcribed

Find

unit product cost of Rims

unit product cos of Posts

Can anyone show how to solve?

Thanks

[The following information applies to the questions displayed below.] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Annual Production 26,000 units 90,000 units Labor-Hours Rims Posts per unit 0.70 0.70 Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10 b. The direct labor wage rate is $18 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 Activity Estimated Overhead Activity Cost Pool Machine setups Special processing General factory Activity Measure Rims Posts Total Cost $ 42,300 80 120 $162,000 4,000 936,000 4,000 200 4,000 Number of setups Machine-hours Direct labor-hours 4,000 48,000 52,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Development Institutions Growth And Poverty Reduction

Authors: Basudeb Guha Khasnobis, George Mavrotas

2008 Edition

0230201776, 978-0230201774

More Books

Students also viewed these Accounting questions

Question

Cells can communicate with other cells over long distances

Answered: 1 week ago

Question

3. List ways to manage relationship dynamics

Answered: 1 week ago