The following information is provided for Hampton Toys Corp., which manufactures two products: Standard Model and...
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The following information is provided for Hampton Toys Corp., which manufactures two products: Standard Model and Premium Model for children. Allocation Base Activity Cost Setup $ 58,000 Number of setups 30,000 Number of machine hours Machine maintenance Total indirect manufacturing costs $ 88,000 Premium Model Total Standard Model 1,500 3,500 5,000 Direct labor hours Number of setups 30 50 80 Number of machine hours 3,000 2,000 5,000 Hampton Toys Corp. plans to produce 150 units of Standard Model and 200 units of Premium Model Requirements 1. Compute the indirect manufacturing cost per unit using direct labor hours for the single plantwide predetermined overhead allocation rate. 2. Compute the ABC indirect manufacturing cost per unit for each product. The following information is provided for Hampton Toys Corp., which manufactures two products: Standard Model and Premium Model for children. Allocation Base Activity Cost Setup $ 58,000 Number of setups 30,000 Number of machine hours Machine maintenance Total indirect manufacturing costs $ 88,000 Premium Model Total Standard Model 1,500 3,500 5,000 Direct labor hours Number of setups 30 50 80 Number of machine hours 3,000 2,000 5,000 Hampton Toys Corp. plans to produce 150 units of Standard Model and 200 units of Premium Model Requirements 1. Compute the indirect manufacturing cost per unit using direct labor hours for the single plantwide predetermined overhead allocation rate. 2. Compute the ABC indirect manufacturing cost per unit for each product.
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Answer1 Premium Model Standard Model Indirect Manufacturing Cost Per Unit 176 308 To... View the full answer
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
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