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=Table

= GUIDE

= QUESTION #2

here's the data provided thank you!

STANDARD COSTING FORMULA SHEET 1. Material/Labor Variances: Actual Costs Incurred: Flexible Flexible Budget: Budget: Standard Input Allowed for Actual Output Actual Input x Actual Input x Standard Price/Rate Standard Price/Rate Actual Price/Rate Price/Rate Variance Efficiency Variance Flexible Budget Variance 1. Factory Overhead Variances: C. Material/Labor Efficiency (Mix and Yield) Variances - S[(Actual Individual Quantity Used x Individual Standard Material Mix Variance Price)) - (Actual Total Quantity Used x Weighted Standard Input Price) Material Yield Variance - (Actual Total Quantity Used - Standard Input for Actual Total Output) x Weighted Standard Input Price Labor Mix Variance - S[(Actual Individual Hours Used x Individual Standard Rate) - (Actual Total Hours Used x Weighted Standard Rate) Labor Yield Variance - (Actual Input Hours - Standard Hours for Actual Output) Weighted Standard Rate 3 pts Question 2 Based on BOTE Inc data, what is the unit cost of the plastic bottle using traditional costing method the OH rate is based on direct laborious? 12 decimal places BOTE Inc produces sustainable plastic bottles. The following tables show the detailed production budgets, volumes, costs, ABC cost drivers and the traditional volume-based costing (VBC) overhead allocation based on direct labor hours (overhead rate base) Production Data for the Year Plastic bottle Selling price 6.00 Budget units of production 20.000 Material cost per unit P0.50 Direct labor hours per unit 0.05 Direct labor cost per hour P5.00 quality inspections per unit 0.025 Machine hours per unit 0.11 Moves required per unit Activity Conversion Costs for 20,000 units (Budgeted Overhead Cost) Indirect Cost Components Costs (Phal Cost Driver Total Depreciation on machinery 4,437 75.000 Machine hours 6,000 Quality and finishing No of quality inspections 24,000 Direct labor cost per hour P5.00 quality inspections per unit 0.025 Machine hours per unit 0.11 4 Moves required per unit Activity Conversion Costs for 20.000 units (Budgeted Overhead Cost) Indirect Cost Components Costs fehl Cost Devet Total Depreciation on machinery 75.000 Machine hours 4.437 Quality and finishing 24,000 No of quality inspections 6,000 Material handling 30,000 No. of moves 68.517 Total Indirect Cost 129,000 The budgeted direct labor hours is 5,000 hrs for the P129,000 indirect cost (OH cost). What is the unit cost of the product using activity based costing on the overhead cost? ( 2 decimal places) ** take note of the data for traditional costing method to be used in the next number or question, take a picture of this question or copy the data needed 4.47