Question
Given the following data, answer the questions below the table: -------------------------------------------------------------------------------------------------------------------------------- Data Deluxe Tourist Annual sales in units 2,000 10,000 Direct materials per unit $25
- Given the following data, answer the questions below the table:
--------------------------------------------------------------------------------------------------------------------------------
| Data | ||||
| Deluxe | Tourist | |||
| Annual sales in units | 2,000 | 10,000 | ||
|
|
|
|
|
|
| Direct materials per unit | $25 | $17 | ||
| Direct labor-hours per unit | 5 | 4 | ||
| Direct labor rate | $12 | per DLH | ||
| Estimated | ||||
| Overhead | Expected Activity | |||
| Activities and Activity Measures | Cost | Deluxe | Tourist | Total |
| Labor related (direct labor-hours) | $ 80,000 | 10,000 | 40,000 | 50,000 |
| Machine setups (setups) | 150,000 | 3,000 | 2,000 | 5,000 |
| Production orders (orders) | 70,000 | 230 | 270 | 500 |
| General factory (machine-hours) | 250,000 | 12,000 | 28,000 | 40,000 |
| $ 550,000 | ||||
--------------------------------------------------------------------------------------------------------------------------------
What is the product cost for the Deluxe model?
What is the Activity Based Costing unit product cost for the Deluxe model? (Round your final answer to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Digging For Disclosure Tactics For Protecting Your Firms Assets From Swindlers, Scammers, And Imposters
Authors: Kenneth S. Springer, Joelle Scott
1st Edition
0131385569, 9780131385566
