Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Submission Week-10 The motherboard manufacturing activities of Luboh P/L includes the following relevant cost | drivers and allocation bases. Based on past experience cost rates

image text in transcribed

Submission Week-10 The motherboard manufacturing activities of Luboh P/L includes the following relevant cost | drivers and allocation bases. Based on past experience cost rates for the given activities are also listed below. Activity Machine set-up Materials handling Operating Machines Assembly Line Quality Control Cost driver Number of set-ups Number of parts Machine hours Direct labour hours Number of hours used Cost allocation rate $45.00 $0.37 $27.00 $29.00 $15.00 The following unit costs are obtained from the manufacturing department. Non- manufacturing costs allocated to the production of motherboard is $49 that consists of marketing the product and floor manager's salary. Apart from direct material all other manufacturing costs are classes as conversion costs. There were 250 units manufactured during the month. Direct Material 14 parts $ 125.00 Direct Labour hours 90 min Machine Hours 30 min Set up times 9 times Quality Control $ 47.00 Required i) Calculate the manufacturing cost per unit for October 2021. ii) Calculate the total cost per unit for the period

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_2

Step: 3

blur-text-image_3

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 Principles And Issues

Authors: Michael H. Granof, Philip W. Bell

4th Edition

013321852X, 978-0133218527

More Books

Students explore these related Accounting questions