Question: Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, L04-3) The following information applies to the questions displayed below.) Performance Products Corporation makes two products,
Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, L04-3) The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow. Direct Labar-lours per unit 0.80 0.60 Rime Posts Annual Production 19.000 units B6,000 units Additional Information about the company follows: a. Rims require $13 in direct materials per unit, and Posts require $9. b. The direct labor wage rate is $15 per hour. c. Rims are more complex to manufacture than Posts and they require special equipment d. The ABC system has the following activity cost pools: Activity Cout Pool Machine setups special processing General factory Activity Mature Number of setape Machine-hour Direct labor-hours Xatimated notivity Estimated Overhead cost Itime Ponto 639,560 00 120 $140, 180 2.000 $532,000 3.000 35,000 Total 200 2,000 38,000 Exercise 4-8 Part 2 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Un product cost of Rims Unit product cost of Posts
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