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High Country Outfitters, Inc., makes backpacks for large sporting goods chains that are sold under the customers store brand names. The accounting department has identified
High Country Outfitters, Inc., makes backpacks for large sporting goods chains that are sold under the customers store brand names. The accounting department has identified the following overhead costs and cost drivers for next year:
a. Determine the unit cost for each job using a traditional company-wide overhead rate based on direct labor hours. Round rate to two decimal places.
b. Determine the unit cost for each job using ABC. Activity-based overhead rates:
Round answers to two decimal places, when needed.
b. Determine the unit cost for each job using ABC. Activity-based overhead rates: Round answers to two decimal places, when needed. Traditional Product Costing Versus Activity-Based Costing cost drivers for next year: Total predicted direct labor hours for next year is 60,000 . The following data are for two recently completed jobs: a. Determine the unit cost for each job using a traditional company-wide overhead rate based on direct labor hours. Round rate to two decimal places. Overhead rate per direct labor hour $ NOTE: Round all answers (except cost per unit) to the nearest whole number, when applicable. Round cost per unit answers to two decimal places. CheckStep by Step Solution
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