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LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.3 hours of direct labor at the rate of

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LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.3 hours of direct labor at the rate of $19.00 per direct labor-hour The company plans to sell 42,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 640 and 140 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.) O $790,500 O $1,851,050 O $1,832,300 $1,813,550 Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $935. Selected data for the company's operations last year follow: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials 0 16,000 14,000 2,000 $260 $ 420 $ 56 $ 24 Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $ 940,000 $ 900,000 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. Unit product cost 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. Unit product cost Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity based costing system contains the following six activity cost pools and activity rates: Activity Rates $8.00 per direct labor-hour $4.00 per machine-hour $40.00 per setup $170.00 per order $110.00 per shipment $900.00 per product Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity data have been supplied for the following two products: Total Expected Activity K425 200 M67 Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining 2,000 40 30 1,075 2,400 2 2 18 2 Required: Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system. Activity Cost Pool K425 M67 Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost 898NNNN

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