Question
In: Accounting
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
| 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 | Activity Rates | ||
| Labor-related | $ | 5.00 | per direct labor-hour |
| Machine-related | $ | 4.00 | per machine-hour |
| Machine setups | $ | 60.00 | per setup |
| Production orders | $ | 100.00 | 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: |
| J78 | B52 | |||
| Direct materials cost per unit | $ | 3.50 | $ | 20.00 |
| Direct labor cost per unit | $ | 3.75 | $ | 9.00 |
| Number of units produced per year | 2,000 | 400 | ||
|
|
||||
| Total Expected Activity | |||
|
|
|||
| J78 | B52 | ||
| Direct labor-hours | 1,200 | 40 | |
| Machine-hours | 2,800 | 20 | |
| Machine setups | 7 | 4 | |
| Production orders | 7 | 4 | |
| Shipments | 5 | 4 | |
|
|
|||
| Required: |
| Compute the unit product cost of each product listed above. (Round your answers to 2 decimal places.) |
|
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
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
Activity Rates
Labor-related
$
7.00
per direct labor-hour
Machine-related
$
7.00
per machine-hour
Machine setups
$
30.00
per setup
Production orders
$
200.00
per order
Shipments
$
140.00
per shipment
General factory
$
7.00
per direct labor-hour
Cost and activity data have been supplied for the following
products:
J78
B52
Direct materials cost...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
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
Activity Rates
Labor-related
$
5.00
per direct labor-hour
Machine-related
$
6.00
per machine-hour
Machine setups
$
40.00
per setup
Production
orders
$
100.00
per order
Shipments
$
120.00
per shipment
General factory
$
6.00
per direct labor-hour
Cost and activity data have been
supplied for the following products:
J78
B52...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper 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
Activity Rates
Supporting
direct labor
$
7.00
per direct
labor-hour
Machine
processing
$
3.00
per
machine-hour
Machine
setups
$
45.00
per setup
Production
orders
$
160.00
per order
Shipments
$
130.00
per
shipment
Product
sustaining
825.00
per product
Activity data have
been supplied for the following two products:
Total Expected
Activity
K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity based costing system contains...
Klumper 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
Activity
Rates
Supporting direct
labor
$9.00
per direct labor-hour
Machine
processing
$3.00
per machine-hour
Machine setups
$40.00
per setup
Production
orders
$150.00
per order
Shipments
$115.00
per shipment
Product
sustaining
$900.00
per product
Activity data have been supplied
for the following two products:
Total Expected Activity
K425
M67
Number...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity based costing system contains...
Klumper 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
Activity
Rates
Supporting direct
labor
$10.00
per direct labor-hour
Machine
processing
$3.00
per machine-hour
Machine setups
$35.00
per setup
Production
orders
$150.00
per order
Shipments
$120.00
per shipment
Product
sustaining
$775.00
per product
Activity data have been supplied
for the following two products:
Total Expected Activity
K425
M67
Number...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper 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
Activity Rates
Supporting
direct labor
$
9
per direct
labor-hour
Machine
processing
$
4
per
machine-hour
Machine
setups
$
45
per setup
Production
orders
$
160
per order
Shipments
$
115
per
shipment
Product
sustaining
$
800
per product
Activity data have
been supplied for the following two products:
Total Expected
Activity
K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper 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
Activity Rates
Supporting direct labor
$
8
per direct labor-hour
Machine processing
$
4
per machine-hour
Machine setups
$
45
per setup
Production orders
$
150
per order
Shipments
$
110
per shipment
Product sustaining
$
825
per product
Activity data have been supplied for the following two
products:
Total Expected Activity
K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper 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 Activity Rates Supporting direct labor $ 8 per direct
labor-hour Machine processing $ 4 per machine-hour Machine setups $
40 per setup Production orders $ 160 per order Shipments $ 115 per
shipment Product sustaining $ 850 per product Activity data have
been supplied for the following two products: Total Expected
Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity based costing system contains...
Klumper 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
Activity
Rates
Supporting direct
labor
$9.00
per direct labor-hour
Machine
processing
$4.00
per machine-hour
Machine setups
$40.00
per setup
Production
orders
$160.00
per order
Shipments
$110.00
per shipment
Product
sustaining
$875.00
per product
Activity data have been supplied
for the following two products:
Total Expected Activity
K425
M67
Number...
Klumper Corporation is a diversified manufacturer of industrial goods. The company’s activity-based costing system contains the...
Klumper 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
Activity Rates
Supporting direct labor
$
6
per direct labor-hour
Machine processing
$
3
per machine-hour
Machine setups
$
45
per setup
Production orders
$
150
per order
Shipments
$
115
per shipment
Product sustaining
$
775
per product
Activity data have been supplied for the following two
products:
Total Expected Activity
K425...
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