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35. Award: 0 out of 2.00 points MC Qu. 184 Mellencamp, Inc., manufactures and ..

ID: 2593805 • Letter: 3

Question

35.

Award: 0 out of 2.00 points

MC Qu. 184 Mellencamp, Inc., manufactures and ...

Mellencamp, Inc., manufactures and sells two products: Product A3 and Product Y6. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:

Expected Production

Direct Labor-Hours Per Unit

Total Direct Labor-Hours

Product A3

900

8.0

7,200

Product Y6

800

10.0

    8,000

Total direct labor-hours

  15,200


The direct labor rate is $24.20 per DLH. The direct materials cost per unit is $146.60 for Product A3 and $256.20 for Product Y6.

The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Estimated

Expected Activity

Activity Cost Pools

Activity Measures

Overhead Cost

Product A3

Product Y6


Total

Labor-related

DLHs

$670,624

7,200

8,000

15,200

Production orders

orders

41,545

400

300

700

General factory

MHs

    281,281

3,800

3,900

7,700

   $993,450


The unit product cost of Product Y6 under the company's traditional costing method in which all overhead is allocated on the basis of direct labor-hours is closest to:

A)$1,091.70 per unit

B)$863.50 per unit

C)$939.40 per unit

D)$1,151.80 per unit

Expected Production

Direct Labor-Hours Per Unit

Total Direct Labor-Hours

Product A3

900

8.0

7,200

Product Y6

800

10.0

    8,000

Total direct labor-hours

  15,200

Explanation / Answer

Direct materials 256.20 Direct labor 242.00 =24.2*10 Overhead 653.60 =(993450/15200*8000)/800 Unit cost 1151.80 Option D is correct

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