Question: I need help with #5 & 6 Howard company makes two products A & B. Here is some financial information about those products. combined total
Howard company makes two products A & B. Here is some financial information about those products. combined total cost of,cost drivers Direct labor Direct materials Cost drivers $25,000 40,000 $15,000 30,000 Set ups Inspections Test Runs $10,000 $5,000 $25,000 15 1000 Units produced 1000 Required: 1. Compute the total cost of product A using ABC costing. 2.Compute the total cost per unit of product A using ABC costing. 3. Compute the total cost of product B using ABC costing. 4.Compute the total cost per unit cost of product B using ABC costing. 5. If Howard company stopped using actility based costing and instead computed overhead at the rate of $1 per labor dollar, what would be the total cost and the unit cost of product A? 6. If Howard company stopped using actility based costing and instead computed overhead at the rate of $1 per labor dollar, what would be the total cost and the unit cost of product B
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