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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
1. Columbus Co. has determined the following activity cost pools and cost driver levels for the year:
Activity Cost Pool           Activity Cost            Activity Cost Driver
machine setup              $500,000              11,500 setup hours
material handling           $130,000               2,500 tons of material
machine operation          $475,000                 11,000 machine hours
The following data is for the production of one batch of product X:
units produced           400
machine hours             5
direct labor hours        180
direct labor costs        $6,000
direct materials cost      $50,000
tons of material           14
setup hours               6
Required:
Part A:Â Â Determine the cost allocation rate for each activity. (round to two decimals.)
Part B: Using the cost allocation rate calculated in Part A allocate indirect manufacturing costs to each activity.
Part C: Calculate the total product cost for a single batch of product X.
Part D: Calculate the total product cost per unit of each product X.
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