Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hudson Corporation, a manufacturer of a variety of products, uses an activity-based costing system. Information from its system for the year for all products
Hudson Corporation, a manufacturer of a variety of products, uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost pool Assembly Inspection Packaging Total cost $583,100 $340,200 $24,500 Total activity 20,000 machine-hours 8,500 inspection-hours 1,800 order The company makes 430 of its product B63 a year, which requires a total of 33 machine hours, 13 inspection hours, and 25 orders. Product B63 requires $55.70 in direct mater $59.20 in direct labor per unit. Product B63 sells for $255.00 per unit. What is the profit margin in total for Product B63? (Round all answers to two decimal places.) OA. $58,420.30 OB. $57.31 OC. $24,643.45 OD. $107,712.40
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