Use the information below to answer the following question(s) :
Electronics Unlimited uses activity-based costing to allocate all manufacturing conversion costs. Electronics Unlimited produces computer keyboards; each computer keyboard has $8.00 of direct materials, includes 12 parts and requires 1/2 hour of machine time. Additional information follows:
-What is the cost of machining per computer keyboard?
Definitions:
Net Decrease
A reduction in the quantity or value of something, calculated by subtracting the final figure from the initial figure.
Inventories
Quantities of goods that are held by a company for the purpose of resale or production.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to arrive at operating cash flow.
Accounts Receivable
Funds that clients or customers owe to a company for products or services delivered but not yet compensated for.
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