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Exercise 4-8(Algo) Computing ABC Product Costs [LO4-2, LO4-3] [The following information applies to...

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Accounting

Exercise 4-8(Algo) Computing ABC Product Costs [LO4-2, LO4-3]
[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:
Additional information about the company follows:
a. Rims require $20 in direct materials per unit, and Posts require $18.
b. The direct labor wage rate is $18 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:
Exercise 4-8(Algo) Part 2
Determine the unit product cost of each product according to the ABC system.
Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.
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