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Linus Anandara Offline Question 2: Job Costing vs. ABC Costing Time: 35 minutes Total: 18 marks Wyoming Manufacturing Limited has a traditional costing system in
Linus Anandara Offline Question 2: Job Costing vs. ABC Costing Time: 35 minutes Total: 18 marks Wyoming Manufacturing Limited has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labour-hours (DLHs). The company has two products, Widgets and Trinkets, about which it has provided the following data: Widgets Trinkets Direct Materials per $11.50 $62.90 lunit Direct Labour per unit $2.00 $13.00 Direct labour hours per 0.20 1.30 unit Annual production 45,000 10,000 The firm's estimated total manufacturing overhead for the year is $1,521,960 and the firm's estimated total direct labour-hours for the year is 22,000. The company is considering using activity-based costing to determine its unit product costs. Data for this proposed activity-based costing system appear below: Activities Supporting direct Widgets Trinkets 9,000 13,000 Total 22,000 Write a message... Linus Anandara Offline Question 2: Job Costing vs. ABC Costing Time: 35 minutes Total: 18 marks Wyoming Manufacturing Limited has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labour-hours (DLHs). The company has two products, Widgets and Trinkets, about which it has provided the following data: Widgets Trinkets Direct Materials per $11.50 $62.90 lunit Direct Labour per unit $2.00 $13.00 Direct labour hours per 0.20 1.30 unit Annual production 45,000 10,000 The firm's estimated total manufacturing overhead for the year is $1,521,960 and the firm's estimated total direct labour-hours for the year is 22,000. The company is considering using activity-based costing to determine its unit product costs. Data for this proposed activity-based costing system appear below: Activities Supporting direct Widgets Trinkets 9,000 13,000 Total 22,000 Write a message
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