Determine the total cost for producing one unit

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Question - Quantum Corporation has provided the following data from its activity-based costing system:

Activity

Budgeted Cost

Budgeted Activity Usage

Assembly

$1,114,920

57,000 machine hours

Processing orders

$47,016

1,800 orders

Inspection

$107,328

1,560 inspection hours

The company makes 340 units of product J71B, using a total of 980 machine-hours, 36 orders, and 22 inspection-hours per year. The product's direct materials cost is $27.50 per unit and its direct labor cost is $18.10 per unit. Using activity-based costing, determine the total cost for producing one unit of J71B product?

Reference no: EM133108273

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