2 Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Units produced Machine-hours 02:22:17 Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead. Standard 24,000 14,400 18,000 $ 537,600 336,000 Enhanced 8,000 9,600 18,000 $ 806,400 684,000 Total 32,000 24,000 36,000 $ 1,344,000 1,020,000 979,200 Total costs $ 3,343,200 eBook 2 Required: a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Required A Required B Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Product costs per unit Enhanced < Required A Required B > Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. 02:21:51 eBook Units produced Machine-hours Direct labor-hours Standard 24,000 14,400 18,000 Direct materials costs $ 537,600 336,000 Enhanced 8,000 9,600 18,000 $ 806,400 684,000 Total 32,000 24,000 36,000 $ 1,344,000 1,020,000 979,200 $ 3,343,200 Direct labor costs Manufacturing overhead Total costs Required: a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Required A Required B Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Product costs per unit Enhanced

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2
Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard
and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for
the third quarter follow.
Units produced
Machine-hours
02:22:17
Direct labor-hours
Direct materials costs
Direct labor costs
Manufacturing overhead.
Standard
24,000
14,400
18,000
$ 537,600
336,000
Enhanced
8,000
9,600
18,000
$ 806,400
684,000
Total
32,000
24,000
36,000
$ 1,344,000
1,020,000
979,200
Total costs
$ 3,343,200
eBook
2
Required:
a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the
products.
b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the
products.
Required A Required B
Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the
products.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Standard
Product costs per unit
Enhanced
<
Required A
Required B
>
Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard
and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for
the third quarter follow.
02:21:51
eBook
Units produced
Machine-hours
Direct labor-hours
Standard
24,000
14,400
18,000
Direct materials costs
$ 537,600
336,000
Enhanced
8,000
9,600
18,000
$ 806,400
684,000
Total
32,000
24,000
36,000
$ 1,344,000
1,020,000
979,200
$ 3,343,200
Direct labor costs
Manufacturing overhead
Total costs
Required:
a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the
products.
b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the
products.
Required A Required B
Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the
products.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Standard
Product costs per unit
Enhanced
Transcribed Image Text:2 Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Units produced Machine-hours 02:22:17 Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead. Standard 24,000 14,400 18,000 $ 537,600 336,000 Enhanced 8,000 9,600 18,000 $ 806,400 684,000 Total 32,000 24,000 36,000 $ 1,344,000 1,020,000 979,200 Total costs $ 3,343,200 eBook 2 Required: a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Required A Required B Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Product costs per unit Enhanced < Required A Required B > Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. 02:21:51 eBook Units produced Machine-hours Direct labor-hours Standard 24,000 14,400 18,000 Direct materials costs $ 537,600 336,000 Enhanced 8,000 9,600 18,000 $ 806,400 684,000 Total 32,000 24,000 36,000 $ 1,344,000 1,020,000 979,200 $ 3,343,200 Direct labor costs Manufacturing overhead Total costs Required: a. Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Required A Required B Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Product costs per unit Enhanced
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