The Jeremiah Johnson Fur Company has provided

The Jeremiah Johnson Fur Company has provided the following data from its activity-based costing system:Total CostTotal Activty$ 436,240 28,000 machine-hours$ 60,8961,600 orders$ 82,7671,410 inspection-hoursThe company makes 230 units of product F60N a year, requiring a total of 480 machine-hours, 50 orders and 30 inspection-hours per year. The product?s direct materials cost is $ 12.70 per unit and its direct labor cost is $ 45.93 per unit. The product sells for $ 126.60 per unit.Using the activity-based costing system, what is the product margin for product F60N?

 

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