Exercise 4-3 (Static) Compute ABC Product Costs [LO4-3] Larner Corporation is a diversified manufacturer of...
80.2K
Verified Solution
Question
Accounting
Exercise 4-3 (Static) Compute ABC Product Costs [LO4-3] 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 $ 40.00 per setup Machine setups Production orders $160.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: 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 Activity Rates $ 7.00 per direct labor-hour $ 3.00 per machine-hour Unit product cost J78 Total Expected Activity J78 1,000 3,200 5 5 10 B52 40 30 B52 1 1 1 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) J78 $ 6.50 $ 3.75 4,000 B52 $ 31.00 $ 6.00 100
Exercise 4-3 (Static) Compute ABC Product Costs [LO4-3] Lamer Corporation is a diversified manufacturer of industrial goods. The company's octivity-based costing system contains the following six activity cost pools and activity rates: Cost and octlvily dota hove been supplled for the following products: Required: Compute the unit product cost of each product listed above. (Do not round Intermediate calculations. Round your answers to 2
Exercise 4-3 (Static) Compute ABC Product Costs [LO4-3] 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 $ 40.00 per setup Machine setups Production orders $160.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: 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 Activity Rates $ 7.00 per direct labor-hour $ 3.00 per machine-hour Unit product cost J78 Total Expected Activity J78 1,000 3,200 5 5 10 B52 40 30 B52 1 1 1 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) J78 $ 6.50 $ 3.75 4,000 B52 $ 31.00 $ 6.00 100

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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.