Compute the unit product cost of each of the products

Assignment Help Accounting Basics

Reference no: EM132981614

Klumper Corporation is a diversified manufacturer of industrial goods.

The company's ABC system has the following six activity cost pools and activity rates:

Activity Cost PoolActivity RatesLabour related$18.00per direct labour-hourMachine related 18.00per machine-hourMachine setups 50.00per setupProduction orders 120.00per orderShipments 18.00per shipmentGeneral factory 38.00per direct labour-hour

Cost and activity data have been supplied for the following products:

K425M67Direct materials cost per unit$126.00 $212.00 Direct labour cost per unit$11.50 $7.20 Number of units produced per year 400 4,000

Total Expected Activity K425M67Direct labour-hours 160 1,000 Machine-hours 200 3,000 Machine setups 3 6 Production orders 3 6 Shipments 3 20

Required:

Compute the unit product cost of each of the products listed above. (Round your answers to 2 decimal places.)

Reference no: EM132981614

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