Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:
tabletableDirect LaborHours per unitAnnualProductionRims unitsPosts units
Additional information about the company follows:
a Rims require $ in direct materials per unit, and Posts require $
b The direct labor wage rate is $ 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:
tableActivity Cost Pool,Activity Measure,Estimated ActivitytableEstimatedOverhead CostRims,Posts,TotalMachine setups,Number of setups,$tableSpecial processingGeneral factoryMachinehours,$General factory,Direct laborhours,$
Exercise Algo Part
Determine the unit product cost of each product according to the ABC system. Do not round intermediate calculations. Round your final answers to decimal places.
