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i need help please! Question 1 Question A1 Frisco Ltd is a manufacturing business producing components for the motor vehicle industry. The following budgeted information
i need help please!
Question 1 Question A1 Frisco Ltd is a manufacturing business producing components for the motor vehicle industry. The following budgeted information relates to three of its product lines. Product X Product Y Product Z ( per unit) ( per unit) ( per unit) Selling price 30 27 24 Direct materials 8 6 5 Direct labour 4 6 4 Units produced and sold 150,000 220,000 300,000 Key activities relating to the production of the product lines and overhead costs are: Number of purchase requisitions Number of machine set-ups The number of activities related to each product are estimated to be: X Y Z Number of purchase requisitions 2,000 2,500 3,000 Number of machine set-ups 300 300 400 Likely overhead costs have been analysed as: Receiving, inspecting and quality assurance 2,340,000 Production scheduling and machine set-up 2,100,000 Required: Calculate the budgeted profit per unit for each product using activity-based costing (ABC) . [9] Step by Step Solution
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