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Klumper Corporation is a diversified manufacturer of industrial goods. The companys activity-based costing system contains the following six activity cost pools and activity rates Cost
Klumper Corporation is a diversified manufacturer of industrial goods. The companys activity-based costing system contains the following six activity cost pools and activity rates
Cost and activity data have been supplied for the following products:
a) Compute the manufacturing overhead costs applied to K425 and M67 jobs. b) Compute the unit product cost of product K425 and M67.
Activity Cost Pool Labor related.. Machine related... Machine setups Production orders Shipments........ General factory Activity Rates $6.00 per direct labor-hour $4.00 per machine-hour $50.00 per setup $90.00 per order $14.00 per shipment $9.00 per direct labor-hour Direct labor-hours Machine-hours Machine setups Production orders Shipments Total Expected Activity K425 M67 80 500 100 1,500 1 4 1 4 1 10 K425 $13.00 $56.00 $5.60 $3.50 200 2,000 M67 Direct materials cost per unit... Direct labor cost per unit ..... Number of units produced per yearStep by Step Solution
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