Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help with answer Ellezrie, incorporated, manufactures and sells two products: Product G8 and Product 00. Data concerning the expected production of each product and

need help with answer
image text in transcribed
image text in transcribed
Ellezrie, incorporated, manufactures and sells two products: Product G8 and Product 00. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Direct Total Labor- Direct Expected Hours Per Labor Production Unit Hours Product G8 720 5.2 3,744 Product oe 320 2.2 704 Total direct labor-hours 4,448 The direct labor rate is $22,30 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product 68 $ 115.10 Product 00 $ 115.50 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity Activity Cost Pools Labor-related Machine setups Order size Activity Measures DLHS setups MHS Estimated Overhead Cost $ 56,555 55,390 166, 508 $ 478,453 Expected Activity Product GB Product 00 3,744 704 500 610 4,900 5,300 Total 4,448 1.110 10,200 which of the following statements concerning the unit product cost of Product is true? (Round your intermediate calculations to 2 decimal places.) 610 Machine setups Order size setups MHS 55,390 366,508 $ 478,453 500 4,900 5,300 10, 200 Which of the following statements concerning the unit product cost of Product G8 is true? (Round your intermediate calculations to 2 decimal places.) Multiple Choice The unit product cost of Product G8 under traditional costing is greater than its unit product under activity-based costing by $214.09 The unit product cost of Product G8 under traditional costing is less than its unit product cost under activity-based costing by $334.17 The una product cost of Product G8 under traditional costing is greater than its unit product under activity-based costing by 533417 The un product cost of Product G8 under traditional costing is less than its unit product cost under activity-based costing by $21409

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Effective Writing A For Accountants

Authors: Claire B. May, Gordon S. May

9th Edition

0132567245, 9780132567244

More Books

Students also viewed these Accounting questions

Question

Explain the differences between HTTP and HTTPS .

Answered: 1 week ago

Question

Describe the concept of diversity and diversity management.

Answered: 1 week ago

Question

How does the EEOC define sexual harassment?

Answered: 1 week ago