16of38 (15eompletel This Test: 375 pts possible Premium Corp makes two products:

Question

16of38 (15eompletel This Test: 375 pts possible Premium Corp makes two products: C and D. The following data have been summarized (Click the loon to view the data ) The company plans to manufacture 300 units of each product Compute the overhead costs allocated to Product C, and then Caloulate the product cost per unit for Products C and D using activity-based compute the overhead cost per unit for coding (Round your answers to the nearest cent) Product D. (Round the cost per unit to the nearest cent.) Product C. Next, compute the overhead costs allocated to Product D then compute the overhead cot per unit for Product C Product D Data Table Setup Machine maintenanoe Total overhead costs Number of units Overhead cost per unit Now calculate the product cost per unit for both products. (Enter your answers to the nearest oent Product C Product 5 900 1800 Direct materials cost per unit Direct labor cost per unit Indirect manufacturing cost per unt 200 100 Indirect manlacturing cost inomation includes the following Product C Product D Predetermined Overhead Direct materials cost per unit Direct labor oost per unit Indirect manufacturing cost per unt Total product cost per unit Allocation Rate 1,700 per senup 10 per MHr Product C Product D Setup 31 setups 1,450 MH 3,900 MHr Print Done Choose from any list or enter any number in the input fields and then continue to the next questic

Explanation / Answer

Answer:-

Premium Corporation Calculation of product cost per unit for products C & D Using Activity Based Costing Particluars Product C Product D $ $ Direct material cost per unit 900 1900 Direct labor cost per unit 200 100 Indirect manufacturing cost per unit 224 572 Total product cost per unit 1324 2572

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