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EXERCISE 7–12 Computing ABC Product Costs [LO3, LO4] Performance Products Corporation makes two… 1 answer below » E

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EXERCISE 7–12 Computing ABC Product Costs [LO3, LO4] Performance Products Corporation makes two… 1 answer below » EXERCISE 7–12 Computing ABC Product Costs [LO3, LO4] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Additional information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $16 per hour. c. Rims are more complex to manufacture than Posts, and they require special equipment. d.    & View complete question » EXERCISE 7–12 Computing ABC Product Costs [LO3, LO4] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Additional information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $16 per hour. c. Rims are more complex to manufacture than Posts, and they require special equipment. d. The ABC system has the following activity cost pools: Required: 1.       Compute the activity rate for each activity cost pool. 2.       Determine the unit cost of each product according to the ABC system, including direct materi- als and direct labor. View less » Dec 07 2015 05:55 PM


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