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Required: a. What unit product costs will be reported for the two products in the coming year if the current cost system continues to
Required: a. What unit product costs will be reported for the two products in the coming year if the current cost system continues to be used? b. What unit product costs will be reported for the two products if the ABC system is used? Complete this question by entering your answers in the tabs below. Required A Required B What unit product costs will be reported for the two products in the coming year if the current cost system continues to be used? Note: Do not round intermediate calculations. LC-20 LC-50 Direct labor-hours 13,920 6,960 Direct material costs $ 626,400 $ 208,800 Direct labor cost Overhead Total costs Number of units Unit cost < Required A Required B > Required: a. What unit product costs will be reported for the two products in the coming year if the current cost system continues to be used? b. What unit product costs will be reported for the two products if the ABC system is used? Complete this question by entering your answers in the tabs below. Required A Required B What unit product costs will be reported for the two products if the ABC system is used? Note: Do not round intermediate calculations. LC-20 LC-50 Direct material costs $ 626,400 $ 208,800 Direct labor cost Overhead: Material inspection Assembly Equipment setup Packaging and shipping Total costs Number of units Unit cost < Required A Required B >
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