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Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model High F Great P Annual Sales
Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model High F Great P Annual Sales in Units 10,800 16,800 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: Direct materials Direct labor High F $ 38.80 $ 18.40 Great P $ 26.20 $ 14.00 Budget factory overhead Engineering and Design 2,560 engineering hours $ 409,600 Quality Control 12,990 inspection hours 271,320 Machinery 33,870 machine hours 540, 800 Miscellaneous Overhead 26,550 direct labor hours 132,400 Total $ 1,354, 120 Techno's controller had been researching activity-based costing and decided to switch to it. A special study determined Techno's two products have the following budgeted activities. Engineering and design hours Quality control inspection hours Machine hours Labor hours High 1,040 5,720 20,360 12,080 Great P 1,520 7,270 13,510 14,470 Using activity based costing, applied machinery overhead for the High F model per unit is: (Rounded to the nearest cent.) Using activity-based costing, applied machinery overhead for the High F model per unit is: (Rounded t Multiple Choice $62.15. $11.06. $30.10. $15.41 $5.58
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