Problem - Two-Stage ABC for Manufacturing

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Problem - Two-Stage ABC for Manufacturing

Columbus Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year:

Activity cost pool

Activity cost

Activity cost driver

Machine setup

$600,000

12,000 setup hours

Material handling

120,000

2,000 tons of materials

Machine operation

500,000

10,000 machine hours

The following data are for the production of single batches of two products, C23 Cams and U2 Shafts:

 

C23 Cams

U2 Shafts

Units produced

500

500

Machine hours

2

5

Direct labor hours

400

200

Direct labor cost

$5,000

$10,000

Direct materials cost

$30,000

$20,000

Tons of materials

12.5

8

Setup hours

4

9

Required - Determine the unit costs of C23 Cams and U2 Shafts using ABC.

Reference no: EM132483902

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