Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE HELP!!! I WILL THUMBS UP Ellezrie, Incorporated, manufactures and sells two products: Product G8 and Product 00. Data concerning the expected production of each

PLEASE HELP!!! I WILL THUMBS UP
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 GB 760 5.6 4,256 Product 00 360 2.6 936 Total direct labor-hours 5,192 The direct labor rate is $22.70 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product G8 $ 119.10 Product 00 $ 119.50 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Activity Overhead Expected Activity Activity cost Pools Measures Cost Product G8 Product 00 Total Labor-related DLHS $ 58,555 4,256 936 5,192 Machine setups setups 57,390 700 1,330 Order size MHS 368,508 5,100 5,700 10,800 $ 484,453 630 Which of the following statements concerning the unit product cost of Product G8 Is true? (Round your intermediate calculations to 2 decimal places.) 10,800 $ 484,453 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 GB under traditional costing is greater than its unit product under activity-based costing by S190.67. O The unit product cost of Product G8 under traditional costing is less than its unit product cost under activity based costing by $310.75 The unit product cost of Product G under traditional costing is less than its unit product cost under activity-based costing by $190.67 The unit product cost of Product GB under traditional costing is greater than its unit product under activity based costing by $310.75

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

Financial Accounting and Reporting

Authors: Barry Elliott, Jamie Elliott

14th Edition

978-0273744535, 273744445, 273744534, 978-0273744443

More Books

Students also viewed these Accounting questions

Question

2. How is HRP linked to corporate planning?

Answered: 1 week ago