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Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.

Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...
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Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.
Transcribed Image Text:Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.
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