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? The following information applies to the questions displayed below Performance Products Corporation makes two products, titanlum Rims and Posts. Data regarding the two products
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The following information applies to the questions displayed below Performance Products Corporation makes two products, titanlum Rims and Posts. Data regarding the two products follow Labor-Hours Annual Rims Posts 0.40 0.70 8,000 units 77,000 units Additional Information about the company follows: a. Rims require $14 in direct materials per unit, and Posts requlre $11. b. The direct labor wage rate is $15 per hour. c. Rims are more complex to manufacture than Posts and they require special equipment d. The ABC system has the following activity cost pools Estimated Activity Estimated Overhead RimsPosts Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Cost Total $ 30030 $147.840 200 120 2.000 80 0 2000 $576.000 7000 29.000 36.000 2.00 points Step by Step Solution
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