Traditional Product Costing versus Activity$-$Based Costing

The following data are for two recently completed jobs:

a$.$ Determine the unit cost for each job using a traditional plantwide overhead rate based on machine hours.

Round cost per unit answers to two decimal places when applicable.

b$.$ Determine the unit cost for each job using $\backslash ($ A B C $\backslash ).$ Round cost per unit answers to two decimal places when applicable. b$.$ Determine the unit cost for each job using ABC. Round cost per unit answers to two decimal places when applicable.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline & $\backslash$multicolumn$\{2\}\{|$c$|\}\{$Job $201\}$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{$Job $202\}\backslash \backslash$

$\backslash$hline Direct materials & $\backslash$$ & $\backslash (0$ x $\backslash )$ & $\backslash$$ & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Direct labor & & $\backslash (0\backslash$times $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Setup cost & & $\backslash (0$ x $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Ordering costs & & $\backslash (0$ x $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Assembly & & $\backslash (0$ x $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Finishing & & $\backslash (0$ x $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Total job costs & $\backslash$$ & $\backslash (0\backslash$times $\backslash )$ & $\backslash$$ & $\backslash (0\backslash$times $\backslash )\backslash \backslash$

$\backslash$hline Units produced & & $\backslash (0\backslash$times $\backslash )$ & & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline Cost per unit & $\backslash$$ & $\backslash (0\backslash$times $\backslash )$ & $\backslash (\backslash$$ $\backslash )$ & $\backslash (0$ x $\backslash )\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$