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please fasssssstt please answer this question fast!!! ACCT 203-Quiz III-06.06.22 NAME & SURNAME STUDENT NO. & GR Duration: 50 minutes. HiTech Products manufactures three types
please fasssssstt please answer this question fast!!!
ACCT 203-Quiz III-06.06.22 NAME & SURNAME STUDENT NO. & GR Duration: 50 minutes. HiTech Products manufactures three types of DVD players: Economy. Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its bodgeted cost, and related cost driver is identified below. Activity Material handling Material insertion Cost $ 225,000 2,475,000 Cost Driver Number of parts Number of parts Machine hours Automated machinery Finishing 840,000 170,000 Direct labor hours Packaging 170.000 Orders shipped Total $3.880.000 The following information pertains to each product line of DVD players for next year: Deluxe Economy Standard 10,000 5,000 2,000 Units to be produced Orders to be shipped Number of parts per unit Machine hours per unit 1,000 500 200 10 15 25 1 3 Labor hours per unit 2 a) Is it first stage or second stage? What are the cost objects? b) c) Please calculate activity rates d) Please calculate cost of products Step by Step Solution
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