Question: THE DATA BELOW IS THE SAME FOR BRISTOL ELECTRONICS QUESTIONS Bristol Electronics produces wide range of electronic products. The company has a labour based costing

 THE DATA BELOW IS THE SAME FOR BRISTOL ELECTRONICS QUESTIONS Bristol

THE DATA BELOW IS THE SAME FOR BRISTOL ELECTRONICS QUESTIONS Bristol Electronics produces wide range of electronic products. The company has a labour based costing system that was introduced in the 1970s and is now considering implementing an activity based costing ABC) system. Managers are concerned about how they should compare the ABC data with the existing casting system Selected data from the management accounts for the year encing 3. December 2017 Cost data Total manufacturing overhead for year 2100DOOD Total hours for year 60.000 hours Direct labour cost per hour E10 Data for 3 products only Annual production Material cost par unit Direct labour hours per un Product A 1000 units 5.DA h00 Product B 2.000 units 26.0D 1.50 Product 5.000 units 27.00 10.50 ABC data for all products cost pool driver Number of setups Inspection time thours Machine maintenance hours.) Number of purchases Number of shipments Annual costs (ES) 200.000 1500 300.000 100,00 100.000 hoo.DOC 1.000.000 Annual volume hoog 3.000 Soo 500 Product C ABC data 3 products Number of set-ups Inspection time hours Machine maintenance hours) Number of purchases Number of shipments Product A 120 to 20 Product B heo 50 10 Lill lego bac 120 Determine the total overhead cost for Product A using the using the activity based data Mula Chat 2000 20.000 o o o o E933

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