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What is the total cost of product x

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Question 1 - A Corp produces main products X anu Y. Units produced are 4,000 and 1,000 units, respectively. Both products are processed further by incurring FC or Separable cost of 50 each. Joint Cost is 200 and allocated based on the Qty produced (Physical measurement). What is the total cost of product X?

Question 2 - X Corp uses ABC system. Overhead rates under ABC are: 10 per machine hour; 10 per direct labor hour and 10 per set up. Product X has the following data: 1,000 units produced; 15 direct labor hours, 12 machine hours; Direct labor rate of 8 per hour and 3 set ups. DM used is 100. What is the conversion cost under ABC?

Reference no: EM133153201

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