4.00 points Exercise 3-3 Compute ABC Product Costs [LO3-3] Laner Corporation is
ID: 2409163 • Letter: 4
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4.00 points Exercise 3-3 Compute ABC Product Costs [LO3-3] Laner 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 Activity Rates S 9.00 per direct labor-hour S 4.00 per machine-hour s 70.00 per setup $200.00 per order $130.00 per shipment S 400 per direct labor-hour General factory Cost and activity data have been supplied for the following products Direct materials cost per unit Direct labor cost per unit Number of units produced per year S 4.50$ 46.00 $ 3 25S 4.00 500 4.000 Total Expected Activity J78 Direct labor-hours 1,50050 2,400 50 2 Machine setups Production orders Required: Cogse th unpr cost of ach product ied above (Round your aces.) 78 B52 Unit product cost Hints References eBook & ResourcesExplanation / Answer
Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars J78 B52 Direct materials Cost J78 = 4000 *4.50 B52 = 500*46 18,000.00 23,000.00 Direct labour Cost J78 = 4000 *3.25 B52 = 500*4 13,000.00 2,000.00 Overhead : Labour related J78 = 1500 *9 B52 = 50*9 13,500.00 450.00 Machine related J78 = 2400 *4 B52 = 50*4 9,600.00 200.00 Machine setups J78 = 70*3 B52 = 70*2 210.00 140.00 Production order J78 = 200*4 B52 = 200*2 800.00 400.00 Shipment J78 = 130*9 B52 = 130*2 1,170.00 260.00 General Factory J78 = 1500*4 B52 = 50*4 6,000.00 200.00 Total Overhead cost 31,280.00 1,650.00 Total cost 62,280.00 26,650.00 No of units 4,000.00 500.00 Unit product cost 15.57 53.30
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