Answered step by step
Verified Expert Solution
Question
1 Approved Answer
N7 COVID 19 Co has provided the following data from its activity-based costing system: mswered ut of 1.50 question Total Activity Activity Cost Pool Total
N7 COVID 19 Co has provided the following data from its activity-based costing system: mswered ut of 1.50 question Total Activity Activity Cost Pool Total Cost Assembly $1,443,140 59,000 machine-hours Processing orders $ 80,905 2.750 orders Inspection $145.733 1.910 inspection-hours The company makes 890 units of product YB a year, requiring a total of 2,070 machine-hours, 41 orders, and 35 inspection-hours per year. The product's direct materials cost is $56.46 per unit and its direct labor cost is $22.67 per unit. The product sells for $145.50 per unit. According to the activity-based costing system, the product margin for product YB is: (Round your intermediate calculations and final answers to 2 decimal places) Select one a. $6,340.38 b. $5.450.38 C. $7.230.38 d. 54.560.38 Active
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started