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25 10 50 Mayes pic has a single production centre and has provided the following...

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Accounting

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25 10 50 Mayes pic has a single production centre and has provided the following budgeted information for the next period. Product Product Product Total A B Production and sales units 40,000 25.000 10.000 75.000 Direct material cost per unit $25 $20 $18 $1.680.000 Direct labour hours per unit 3 2 240.000 Machine hours per unit 2 210.000 Number of production runs 5 10 40 Number of component 15 25 120 160 receipts Number of production orders 15 25 Direct labour is paid $8 per hour. Overhead costs in the period are expected to be as follows: $ Set-up 140.000 Machine 900.000 Goods inwards 280,000 Packing 200.000 Engineering 180.000 1.700.000 What are the unit costs of each product using: (a) the traditional approach based on labour hours? (b) the ABC method

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