Question
Your Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Activity Rate Assembly $12.75 per MH Processing orders $45.00 per
Your Corporation has provided the following data from its activity-based costing system:
|
| Activity Cost Pool | Activity Rate |
|
| Assembly | $12.75 per MH |
|
| Processing orders | $45.00 per order |
|
| Inspection | $75.00 per Inspection Hour |
Data concerning one of the companys products appear below:
|
| Selling price per unit | $113.70 |
| |||
|
| Direct materials cost per unit | $48.14 |
| |||
|
| Direct labor cost per unit | $11.62 |
| |||
|
| Annual unit production and sales | 750 |
| |||
|
| Annual machine-hours | 6,500 |
| |||
|
| Annual orders | 160 |
| |||
|
| Annual inspection-hours | 130 | ||||
How much overhead was applied to this product?
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Practical Audit Quality Improvement Ensuring Effective Performance Of Internal Audit Functions
Authors: Joyce Gacheru
1st Edition
6138950577, 978-6138950578
