Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

THE DATA BELOW IS THE SAME FOR BRISTOL ELECTRONICS QUESTIONS Bristol Electronics produces wide range of electronic products. The company has a labour besed costing

image text in transcribed

THE DATA BELOW IS THE SAME FOR BRISTOL ELECTRONICS QUESTIONS Bristol Electronics produces wide range of electronic products. The company has a labour besed costing system that was introduced in the 1970s and is now considering implementing an activity based costing (ADC) syster Managers are concerned about how they should compare the ABC date with the existing costing system Selected data from the management accounts for the year ending 37 December 2017. Cost data Total manufacturing overhead for year 1,000,000 Total hours for your 60 000 hours Direct our cost per hour 110 Date for products only Annual production Material sot per un Direct labour hours per urit Product A 11.000 units 5.00 11.00 Product B 2.000 units 16.00 11.50 Product C 5.000 units 17.00 0.50 ABC data for all products Cost pool/driver Number of set ups Inspection time hours Machine maintenance (hours ! Number of purchases Number of shiprants Annual costs Es! 200,000 500,000 100,000 hongo 100,000 1,000,00 Annual volume 1,000 3,000 5,000 50D 50D ABC data products Number of set-ups Inspection time hours) Machine maintenance hours! Number of purchases Number of shipments Product A DO 20 30 0 3 Product B 180 150 KO Product C 20 300 20 15 16 Determine the total unit cost for Product C using the number of hours to apply overhead. Moltiple Choice 1833 520.30 o o o o 2167 15.67

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

Step: 3

blur-text-image

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

Audit Skill Management Ref PPAP ISO 9000 And ISO 14000 Series

Authors: FULBODH CHAUDHARY

1st Edition

1520470843, 978-1520470849

More Books

Students also viewed these Accounting questions

Question

1. Are my sources credible?

Answered: 1 week ago

Question

3. Are my sources accurate?

Answered: 1 week ago

Question

1. Is it a topic you are interested in and know something about?

Answered: 1 week ago