Quiz: Final Exam - Cost Accountin x ACCT AC336 Final Exam A-1.pdf x C Get Homework Help With Chegg X Homework Help - Q&A from Onl x + File C:/Users/nipur/OneDrive/Desktop/cost/ACCT%20AC336%20Final%20Exam%20A-1.pdf YouTube Yahoo ACCT AC336 Final Exam AC336 Cost & Management Accounting Final Exam Fall 2020 Question 3 (13 Marks) Krypton Inc. manufactures two products, Vintex and Bromal. The company estimated it would incur $160,690 in manufacturing overhead costs during the current period. Overhead currently is applied to the products on the basis of direct labour hours. Data concerning the current period's operations appear below: Print Destination Pages All Copies 1 Estimated Volume Vintex 4,700 units Direct labour hours per unit 2.1 hours Direct labour cost per unit Direct material cost per unit Bromal 3,300 units 1.6 hours $25.60 $12.70 $33.60 $4.80 The company is considering using an activity-based costing system to compute unit product costs instead of its traditional single plant-wide system based on direct labour hours. The activity- based costing system would use three activity cost pools and drivers: Activity cost pool Driver Color Material acquisition costs Machine costs General factory costs Purchase orders Machine setups Direct labour hours Data relating to these activities for the current period are given below: Activity cost pool Estimated overhead costs Material acquisition costs $78,800 Machine costs $12,490 Vintex 920 150 Expected driver activity levels Bromal 730 Total 1650 80 230 General factory costs $69,400 9,870 5,280 15,150 Required: a) Compute the predetermined overhead rate under the single plant-wide method, and determine the unit product cost of each product for the current year. b) Determine the unit product cost of each product for the current period using the activity- based costing approach. e) Which method will probably provide a better representation of unit cost? Explain briefly. More settings Type here to search which method will probably provide a better representation or unit cost? Explain brieny. 9 1... 8 sheets of paper HP ePrint + JetAdvant Color Print Cancel + 10:29 AM 2020-12-16