Question: If anyone could help me with 7-15 that would be great, thank you! EXERCISE 7-15 Comprehensive Activity-Based Costing Exercise (L02, LO3, LO4, LO5) Advanced Products
EXERCISE 7-15 Comprehensive Activity-Based Costing Exercise (L02, LO3, LO4, LO5) Advanced Products Corporation has supplied the following data from its activity-based costing system: Overhead Costs 100,000 Total overhead costs.$400,000 r-Total Activity Total Activity Cost Pool Activity Measure for the Year 20,000 DLHs 400 orders 200 customers Not applicable Supporting direct labor .. Number of direct labor-hours Number of customer orders This is an organization- sustaining activity Distribution of Resource Consumption Across Activities Order Customer Supporting Direct Labor ProcessingSupport Other Total Othere Total 10% 100% 40% 100% Wages and salaries . Other overhead costs 40% 30% 30% 10% 20% 20% During the year, Advanced Products completed one order for a new customer, Shenzhen Eaterprises. This customer did not order any other products during the year. Data concerning that follow: Data conceming the Shenzhen Enterprises Order Direct labor-hours ...2 DLHs per unit $300 per unit Selling price..5 Direct materials ......$180 per unit Direct labor $50 per unit
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