Business, 15.07.2020 01:01 rose200215
Fogerty Company makes two products—titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per UnitAnnual Production Hubs0.8029,000 units Sprockets0.4045,000 units Additional information about the company follows: a. Hubs require $39 in direct materials per unit, and Sprockets require $12. b. The direct labor wage rate is $18 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company’s activity-based absorption costing system has the following activity cost pools: EstimatedExpected Activity Activity Cost Pool (and Activity Measure)Overhead CostHubsSprocketsTotal Machine setups (number of setups)$31,590135108243 Special processing (machine-hours)$282,0004,70004,700 General factory (Direct labor-hours)$700,40023,20018,00041, 200 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing.
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Business, 22.06.2019 19:00
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Fogerty Company makes two products—titanium Hubs and Sprockets. Data regarding the two products foll...
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