question archive Ravelo Corporation has provided the following data from its activity-based costing sys Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly $ 508,520 49,000 machine-hours Processing orders $ 59,263 1,600 orders Inspection $ 82,589 1,610 inspection-hours Data concerning the company's product L19B appear below: Annual unit production and sales 530 Annual machine-hours 1,090 Annual number of orders 170 Annual inspection hours 120 Direct materials cost $ 47
Ravelo Corporation has provided the following data from its activity-based costing sys Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly $ 508,520 49,000 machine-hours Processing orders $ 59,263 1,600 orders Inspection $ 82,589 1,610 inspection-hours Data concerning the company's product L19B appear below: Annual unit production and sales 530 Annual machine-hours 1,090 Annual number of orders 170 Annual inspection hours 120 Direct materials cost $ 47
Subject:AccountingPrice:2.84 Bought3
Ravelo Corporation has provided the following data from its activity-based costing sys
Activity Cost Pools |
Estimated Overhead Cost |
Expected Activity | |||
| Assembly | $ | 508,520 | 49,000 | machine-hours | |
| Processing orders | $ | 59,263 | 1,600 | orders | |
| Inspection | $ | 82,589 | 1,610 | inspection-hours | |
Data concerning the company's product L19B appear below:
| Annual unit production and sales | 530 | |||
| Annual machine-hours | 1,090 | |||
| Annual number of orders | 170 | |||
| Annual inspection hours | 120 | |||
| Direct materials cost | $ | 47.74 | per unit | |
| Direct labor cost | $ | 20.45 | per unit | |
According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2 decimal places.)
-
$68.19 per unit
-
$109.78 per unit
-
$113.03 per unit - My answer is close to this, but I cannot seem to find the exact $ amount.
-
$67.87 per unit
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
| Particular | working | amount |
| Direct material | 530 × $47.74 | $25302.2 |
| Direct labour | 530 × $20.45 | $10838.5 |
| Assembly | 1090 × ($508520/49000) | $11311.98 |
| Order processing | 170 × ($59263/1600) | $6296.69 |
| Inspection cost | 120 × ($82589/1610) | $6155.70 |
| Total production cost | $59905.07 | |
| Number of units | 530 | |
| Per unit cost | $113.03 |
.
PLEASE GIVE A THUMBS UP
