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Compute what is the cost per unit of cheap

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Reference no: EM132558827

Hi Tech Products manufactures three (3) types of CD players: Cheap, Econo and Deluxe. Hi Tech uses an activity-based product costing system. The company has identified five (5) activities.

Each activity, its cost and related activity driver are identified below:

Activity                                             Activity Cost                             Activity Driver

Material handling                              $225 000                         Number of parts

Material insertion                             $2 475 000                       Number of parts

Automated machinery                         $840 000                         Machine hours

Finishing                                            $170 000                         Labour hours

Packaging                                             $170 000                        Orders shipped

Total manufacturing cost                            $3 880 000

The following information pertains to each product line of CD players:

                                                 Cheap                      Econo                   Deluxe

Units to be produced                      10 000                    5000                  2000

Orders to be shipped                       1000                        500                    200

Number of parts per unit                      10                          15                       25

Machine hours per unit                          1                              3                       5

Labour hours per unit                               2                             2                         2

Question 1: Under an activity-based product costing system, what is the cost per unit of Cheap?

Reference no: EM132558827

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