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TCO 4) Toshi Company incurred the following costs in manufacturing desk calculators.

Direct materials  \$14
Indirect materials (variable)  4
Direct labor  8
Indirect labor (variable)   6
Variable selling expenses 20
Fixed selling expenses  14

During the period, the company produced and sold 1,000 units.
a. What is the inventory cost per unit using absorption costing?
b. What is the inventory cost per unit using variable costing? (Points : 30)

5. (TCO 8) Musical Instruments Company manufactures two products (trumpets and trombones). Overhead costs (\$175,000) have been divided into three cost pools that use the following activity drivers.

 Product Number of setups Machine hours Packing orders Trumpets 50 1,500 150 Trombones 50 4,500 250 Cost per pool \$60,000 \$90,000 \$25,000
 Required (show all calculations)
 a. What is the allocation rate for trumpets per setup using activity-based costing?
 b. What is the allocation rate for trumpets per machine hours using activity-based costing? c. What is the allocation rate for trumpets per packing order using activity-based costing?
(Points : 30)

6. (TCO 5) The Baxter Corporation has the following budgeted and actual results.

 Budgeted data Actual results
 Unit sales 25,000 Unit sales 26,000
 Supervision \$20,000 Supervision \$19,000 Depreciation \$25,000 Depreciation \$25,000 Rent \$12,500 Rent \$12,500
 Variable costs per unit Variable costs
 Direct materials \$20.00 Direct materials \$530,000 Direct labor \$25.00 Direct labor \$640,000 Supplies \$0.25 Supplies \$6,100 Indirect labor \$1.25 Indirect labor \$30,000 Electricity \$0.15 Electricity \$4,000
 Required:
 Prepare a performance report for all costs, showing static budget variances (indicate F or U).

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