Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. applying the activity-based costing- system, deter

Applying the activity-based costing- system, determine the activity rate for Petite Corporation based on total...

80.2K

Verified Solution

Question

Accounting

image

Applying the activity-based costing- system, determine the activity rate for Petite Corporation based on total assembly.

Applying the activity-based costing- system, determine the activity rate for Petite Corporation based on processing orders.

Applying the activity-based costing- system, determine the activity rate for Petite Corporation based on inspection cost pool.

Compute the activity cost rate for product ABC.

Compute the average cost of product ABC.

Time left 0:18:33 Information 1 1 P Flag question 6.Petite Corporation has provided the following data from its activity-based costing system. 8 14 15 Activity Cost Pool Total Cost Total Activity Assembly $ 612,000 30,600 Machine Hours Finish atte Processing Orders $ 35,000 1,400 Orders Inspection $ 100,200 1,670 Inspection hours Data concerning the company's product ABC appear below: Selling Price per Unit $ 124.60 Direct Materials Cost Per Unit $ 45.67 per Unit Direct labor Cost Per Unit $ 31.24 per Unit Annual Unit Production and Sales 410 Annual Machine - Hours 700 Annual Number of Orders 30 Annual Inspection Hours 30

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students