UT Exercise 4-8 Computing ABC Product Costs [LO4-2, L04-3] The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: 2 of 2 Direct Labor Hours per unit 2.60 0.20 Annual Production 22,000 units 30,000 units M Posts Additional information about the company follows: a Rims require $14 in direct materials per unit, and Posts require $10. 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 Activity Cost Pool Machine setups Activity Measure er of sets Estimated Overhead Cost 27,200 Total $ 120 5 arch here o re NEM er Retu Additional information about the company follows: a. Rims require 514 in direct materials per unit, and Posts require $10. 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 Activity Cost Pool Machine setups Special processing General factory Estimated Overhead Cost $ 27,200 $ 110,400 $1,056.000 Activity Measure Number of setups Machine-hours Direct labor-hours Posts 230 Rims 120 5,000 Total 400 5,000 66,000 61,000 Exercise 4-8 Part 2 2 Determine the unit product cost of each product according to the ABC system. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) i # Torso 6 B NM UT Exercise 4-8 Computing ABC Product Costs [LO4-2, L04-3] The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: 2 of 2 Direct Labor Hours per unit 2.60 0.20 Annual Production 22,000 units 30,000 units M Posts Additional information about the company follows: a Rims require $14 in direct materials per unit, and Posts require $10. 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 Activity Cost Pool Machine setups Activity Measure er of sets Estimated Overhead Cost 27,200 Total $ 120 5 arch here o re NEM er Retu Additional information about the company follows: a. Rims require 514 in direct materials per unit, and Posts require $10. 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 Activity Cost Pool Machine setups Special processing General factory Estimated Overhead Cost $ 27,200 $ 110,400 $1,056.000 Activity Measure Number of setups Machine-hours Direct labor-hours Posts 230 Rims 120 5,000 Total 400 5,000 66,000 61,000 Exercise 4-8 Part 2 2 Determine the unit product cost of each product according to the ABC system. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) i # Torso 6 B NM