Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following

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Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates
Activity Cost Pool ........................Activity Rates
Labor-related. . . . . . . . . . . . . . . . . . . $7.00 per direct labor-hour
Machine-related . . . . . . . . . . . . . . . . $3.00 per machine-hour
Machine setups . . . . . . . . . . . . . . . . $40.00 per setup
Production orders . . . . . . . . . . . . . $160.00 per order
Shipments. . . . . . . . . . . . . . . . . . . $120.00 per shipment
General factory . . . . . . . . . . . . . . . . $4.00 per direct labor-hour
Cost and activity data have been supplied for the following products:
J78 .............B52
Direct materials cost per unit . . . . . . . . $6.5. . . . . . . . . $31.00
Direct labor cost per unit. . . . . . . . . . . . $3.75. . . . . . . . . $6.00
Number of units produced per year . . . 4,000. . . . . . . . . . .100
Larner Corporation is a diversified manufacturer of industrial goods. The

Required:
Compute the unit product cost of each product listed above.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  answer-question

Introduction to Managerial Accounting

ISBN: 978-0078025792

7th edition

Authors: Peter Brewer, Ray Garrison, Eric Noreen

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