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Exercise 4-3(Algo) Compute ABC Product Costs [LO4-3] Larner Corporation is a diversified manufacturer...

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Accounting

Exercise 4-3(Algo) Compute ABC Product Costs [LO4-3]
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates:
\table[[Activity Cost Pool,Activity Rates],[Labor-related,$7.00 per direct labor-hour],[Machine-related,$7.00 per machine-hour],[Machine setups,$30.00 per setup],[Production orders,$200.00 per order],[Shipments,$140.00 per shipment],[General factory,$7.00 per direct labor-hour]]
Cost and activity data have been supplied for the following products:
Required:
Compute the unit product cost of each product listed above.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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