Homework Help is Here – Start Your Trial Now!
Business
Accounting
$190.00 per shipment $ 8.00 per direct labor-hour ave been supplied for the following products: st per unit er unit 378 $ 7.50 $3.50 852 $ 47.00 10.00 $

$190.00 per shipment $ 8.00 per direct labor-hour ave been supplied for the following products: st per unit er unit 378 $ 7.50 $3.50 852 $ 47.00 10.00 $

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 12E: Activity cost pools, activity rates, and product costs using activity-based costing Caldwell Home...
See similar textbooks
icon
Related questions
Topic Video
Question

Please do not give solution in image format thanku 

Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related. Machine setups Production orders Shipments General factory $190.00 per shipment $ 8.00 per direct labor-hour Cost and activity data have been supplied for the following products: Activity Rates $ 8.00 per direct labor-hour $ 8.00 per machine-hour $ 40.00 per setup $ 100.00 per order Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Unit product cost Total Expected Activity 378 378 1,300 2,800 6 5 10 B52 40 20 B52 3 3 3 378 $7.50 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) $ 3.50 2,000 852 $ 47.00 $ 10.00 100
Transcribed Image Text:Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related. Machine setups Production orders Shipments General factory $190.00 per shipment $ 8.00 per direct labor-hour Cost and activity data have been supplied for the following products: Activity Rates $ 8.00 per direct labor-hour $ 8.00 per machine-hour $ 40.00 per setup $ 100.00 per order Direct materials cost per unit Direct labor cost per unit Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Unit product cost Total Expected Activity 378 378 1,300 2,800 6 5 10 B52 40 20 B52 3 3 3 378 $7.50 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) $ 3.50 2,000 852 $ 47.00 $ 10.00 100
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Performance measurements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
SEE MORE TEXTBOOKS