Noor Company has identified the following activities relating to indirect production costs: Activity Machine Setup Materials...
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Noor Company has identified the following activities relating to indirect production costs: Activity Machine Setup Materials Handling Electric Power Activity Costs $180,000 $50,000 $20,000 Number of units produced Direct materials cost Direct labor cost Number of setup hours Pounds of materials used Kilowatt-hours Noor Company has obtained the following data concerning two products: Products NY Cost Drivers 1,500 setup hours 12,500 pounds of materials 20,000 kilowatt hours 4,000 $20,000 $12,000 100 500 1,000 NX 20,000 $25,000 $20,000 120 1,500 2,000 Instructions: Using the activity-based costing approach, calculate the manufacturing cost per unit for NY. Ac Ge Noor Company has identified the following activities relating to indirect production costs: Activity Machine Setup Materials Handling Electric Power Activity Costs $180,000 $50,000 $20,000 Number of units produced Direct materials cost Direct labor cost Number of setup hours Pounds of materials used Kilowatt-hours Noor Company has obtained the following data concerning two products: Products NY Cost Drivers 1,500 setup hours 12,500 pounds of materials 20,000 kilowatt hours 4,000 $20,000 $12,000 100 500 1,000 NX 20,000 $25,000 $20,000 120 1,500 2,000 Instructions: Using the activity-based costing approach, calculate the manufacturing cost per unit for NY. Ac Ge
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Cost pools Activity cost Cost drivers Overhead rate Machine set up 180000 1500 12... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0324645576
10th edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
Posted Date:
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