Product C Product D Direct materials cost per unit $ 600 $ 2,400 Direct labor cost per unit 300 200 Indirect manufacturing cost per unit Indirect manufacturing cost information includes the following: Predetermined Overhead Allocation Rate Activity Product C Product D Setup $ 1,500 per setup 35 setups 76 setups Machine maintenance 10 per MHr 1,500 MHr 3,700 MHr

Product C Product D Direct materials cost per unit $ 600 $ 2,400 Direct labor cost per unit 300 200 Indirect manufacturing cost per unit Indirect manufacturing cost information includes the following: Predetermined Overhead Allocation Rate Activity Product C Product D Setup $ 1,500 per setup 35 setups 76 setups Machine maintenance 10 per MHr 1,500 MHr 3,700 MHr

Name: Using ABC to compute product costs per unitSpectrum Corp. makes two pr
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Description: Using ABC to compute product costs per unitSpectrum Corp. makes two products: C and D. The following data have been summarized:The company plans to manufacture 250 units of each product. Calculate the product cost per unit for Products C and D using

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 10MC: Direct material costs $3 per unit, direct labor costs $5 per unit, and overhead is applied at the...

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Neelopak Berhad prepared the standard cost data for one of their products.Direct Labour (0.65 hours @ RM11) RM7.15Direct Materials (5 meters @ RM5) RM25Variable Overhead (0.65 hours @ RM7) RM4.55Fixed Overhead (0.65 hours @ RM3) RM1.95Standard cost per unit RM38.65There is the actual cost data information:Production 7,500 unitDirect materials used (23500 meter) RM124,550Direct materials purchasing (24,000 meter) RM132,000Direct labor (3000 hours) RM34,500Variable overhead RM21,600Fixed overhead RM7,800Budgeted activities are 2,600 hours.You are required to calculate:iv) Variance of direct labors’ efficiencyv) Variance of variable overhead expensesvi) Variance of variable overhead’s efficiencyvii) Variance of fixed overhead expensesviii) Variance of fixed overhead volume