Find unit costs for each product using conventional costing

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Reference no: EM13920219

Suppose that Cooplan manufactures four products, W, X, Y and Z. Output and cost data for the period just ended are as follows.

Number of production

 

 

runs in the

Material cost

Direct labour

Machine

Output units

period

per unit

hours per unit

hours per unit

 

 

$

 

 

W

10

2

20

1

1

X

10

2

80

3

3

Y

100

5

20

1

1

Z

100

  5

80

3

3

 

 

14

 

 

 

Direct labour cost per hour $5

Overhead costs

$

Short run variable costs

3,080

Set-up costs

10,920

Expediting and scheduling costs

9,100

Materials handling costs

  7,700

 

30,800

Required

Prepare unit costs for each product using conventional costing and ABC.

Reference no: EM13920219

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