Juno Corp. manufactures mid-fi and hi-fi stereo receivers. The following data have been summarized: Click...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Juno Corp. manufactures mid-fi and hi-fi stereo receivers. The following data have been summarized: Click the icon to view the data.) The company plans to manufacture 200 units of the mid-fi receivers and 250 units of the hi-fi receivers. Calculate the product cost per unit for both products using activity-based costing. (Round your answers to the nearest cent.) wowy worry w TOEICIE www Allocated mfg. Predetermined OH allocation rate Actual qty of the allocation base used = overhead costs Compute the overhead costs allocated to Mid-Fi, and then compute the overhead cost per unit for Mid-Fi. Next, compute the overhead costs allocated to Hi-Fi then compute the overhead cost per unit for Hi-Fi. (Round the cost per unit to the nearest cent.) Mid-Fi Setup Inspections Machine maintenance Total overhead costs Number of units 200 Overhead cost per unit Enter any number in the edit fields and then click Check Answer. Data Table Mid-Fi $ 600 $ 400 ? Hi-Fi 2,000 300 ? Direct materials cost per unit Direct labor cost per unit Indirect manufacturing cost per unit Indirect manufacturing cost information includes the following: Predetermined Overhead Activity Allocation Rate Setup $1,700 per setup Inspections $400 per inspection hour Machine maintenance $8 per machine hour Hi-Fi Mid-Fi 30 setups 25 inspection hours 1,500 machine hours 30 setups 5 inspection hours 1,400 machine hours Print Done
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!