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proud family inc., produces a variety of products. the average cost of one widget using ABC costing is closets to

User AusCBloke
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1 Answer

2 votes

Answer:

b. $156.59

Step-by-step explanation:

Note: The full question is attached as picture below

As the company is under traditional costing system and the allocation base is machine hours.

Variable OH per hour = Total variable cost / Total machine hours

Variable OH per hour = 513,600/32,000

Variable OH per hour = $16.05

Average cost of producing one unit of widget = Direct material per hour + Direct labor per hour + Variable OH per hour

= $95.52 + $51.04 + ($16.05*750/1200)

= $95.52 + $51.04 + $10.03

= $156.59

proud family inc., produces a variety of products. the average cost of one widget-example-1
proud family inc., produces a variety of products. the average cost of one widget-example-2
User Thebat
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