{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-05T11:14:56-04:00", "answer_date": "2024-06-05 11:14:56", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2287656", "url": "\/study-help\/questions\/industries-manufactures-two-products-a-and-b-a-review-of-2287656", "question_creation_date_js": "2024-06-05T11:14:56-04:00", "question_creation_date": "Jun 05, 2024 11:14 AM", "meta_title": "[Solved] Industries manufactures two products: A a | SolutionInn", "meta_description": "Answer of - Industries manufactures two products: A and B. A review of the company's accounting records revealed the following per | SolutionInn", "meta_keywords": "industries,manufactures,two,products,review,company,s,accounting,records,revealed,per-unit,direct", "question_title_h1": "Industries manufactures two products: A and B. A review of the company's accounting records revealed the following per-unit direct costs and production volumes: A B", "question_title": "Industries manufactures two products: A and B. A review of the company's", "question_title_for_js_snippet": "Industries manufactures two products A and B A review of the company's accounting records revealed the following per unit direct costs and production volumes A B Production volume 2,500 5,000 (units) Direct material 22 Direct labor 70 2 hours at $12 24 3 hours at $12 36 Manufacturing overhead is currently computed by spreading overhead of $1,860,000 over 20,000 direct labor hours Management is considering a shift to activity based costing in an effort to improve the firm's Lennox determines selling prices by adding 40 to a product's total cost Required A Compute the per unit cost and selling price of product B by using Lennox's current costing procedures", "question_description": "\"image\"image Industries manufactures two products: A and B. A review of the company's accounting records revealed the following per-unit direct costs and production volumes: A B Production volume 2,500 5,000 (units) Direct material 22 Direct labor 70 2 hours at $12 24 3 hours at $12 36 Manufacturing overhead is currently computed by spreading overhead of $1,860,000 over 20,000 direct labor hours. Management is considering a shift to activity-based costing in an effort to improve the firm's Lennox determines selling prices by adding 40% to a product's total cost. Required: A. Compute the per-unit cost and selling price of product B by using Lennox's current costing procedures", "transcribed_text": "", "related_book": { "title": "Process Dynamics And Control", "isbn": "471000779, 978-0471000778", "edition": "2nd Edition", "authors": "Dale E. Seborg, Thomas F. Edgar, Duncan A. Mellich", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/38.jpg", "uri": "\/textbooks\/process-dynamics-and-control-2nd-edition-38", "see_more_uri": "\/textbooks\/engineering-chemical-engineering-224" }, "free_related_book": { "isbn": "0521589711", "uri": "\/textbooks\/controversies-in-obstetric-anesthesia-and-analgesia-edited-by-ian-mcconachie-cambridge-medicine-1st-edition-978-0521171830-268307", "name": "Controversies In Obstetric Anesthesia And Analgesia Edited By Ian Mcconachie Cambridge Medicine", "edition": "1st Edition" }, "question_posted": "2024-06-05 11:14:56", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/refer-to-the-information-given-in-exercise-1060-test-at", "description": "Refer to the information given in Exercise 10.60. 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