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Practice Chapter 5 Q5 Klumper Corporation is a diversified manufacturer of industrial goods. The company's ABC system has the following six activity cost pools and

Practice Chapter 5 Q5

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Klumper Corporation is a diversified manufacturer of industrial goods. The company's ABC system has the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labour related $ 18.00 per direct labour- hour Machine related 18.00 per machine-hour Machine setups 50.00 per setup Production orders 120.00 per order Shipments 18.00 per shipment General factory 38.00 per direct labour- hour Cost and activity data have been supplied for the following products: K425 M67 Direct materials cost per unit $126.00 $212.00 Direct labour cost per unit $ 7.20 $ 4.50 Number of units produced per 400 4,000 yearTotal Expected Activity K425 M67 Direct labour 160 1:000 hours Machinehours 200 3,000 Machine setups 2 8 Production 2 8 orders Shipments 2 20 Required: Compute the unit product cost of each of the products listed above. (Round your answers to 2 decimal places} Unit product cost

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