Baird Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Basco Boards Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue. $24.20 $30.20 $15.10 4,200 $ 357,000 Shimano Boards $36.40 $ 51.40 $18.40 8,200 $ 1,000,400 Baird allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $55,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. b. Compute the profit for each product.
Baird Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Basco Boards Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue. $24.20 $30.20 $15.10 4,200 $ 357,000 Shimano Boards $36.40 $ 51.40 $18.40 8,200 $ 1,000,400 Baird allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $55,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. b. Compute the profit for each product.
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter12: Integer Linear Optimization_models
Section: Chapter Questions
Problem 6P: Hart Manufacturing makes three products. Each product requires manufacturing operations in three...
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