The ABM-61503 company's activity-based costing system uses the following activity cost pools and activity rates: Activity...

Transcribed Image Text:

The ABM-61503 company's activity-based costing system uses the following activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $7.00 per direct labor-hour $7.00 per machine-hour $ 30.00 per setup $ 200.00 per order $140.00 per shipment $7.00 per direct labor-hour The ABM-61503 company expects to produce two products whose cost and activity information is as follows: Direct materials cost per unit Direct labor cost per unit XR11 $ 5.50 $4.75 513 $ 32.00 $ 9.00 Number of units produced per year 4,000 100 Total Expected Activity XR11 513 Direct labor-hours 1,200 30 Machine-hours 2,200 50 Machine setups 6 1 5 Production orders Shipments The unit product cost of XR11 under activity-based costing is closest to: (Do not round intermediate calculations. Round your final answer to 2 decimal places) The ABM-61503 company's activity-based costing system uses the following activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $7.00 per direct labor-hour $7.00 per machine-hour $ 30.00 per setup $ 200.00 per order $140.00 per shipment $7.00 per direct labor-hour The ABM-61503 company expects to produce two products whose cost and activity information is as follows: Direct materials cost per unit Direct labor cost per unit XR11 $ 5.50 $4.75 513 $ 32.00 $ 9.00 Number of units produced per year 4,000 100 Total Expected Activity XR11 513 Direct labor-hours 1,200 30 Machine-hours 2,200 50 Machine setups 6 1 5 Production orders Shipments The unit product cost of XR11 under activity-based costing is closest to: (Do not round intermediate calculations. Round your final answer to 2 decimal places)