Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data on operations and costs for March follow. Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Required A Required B Required C Product costs per unit KA-15 Required: a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor cost. c. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct material costs to allocate overhead to the products. KA-15 600 360 750 $ 82,000 16,500 KA-24 KA-24 400 540 1,750 $ 130,000 38,500 Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. Note: Do not round your intermediate calculations. Round your final answers to 2 decimal places. Total 1,000 900 2,500 $ 212,000 55,000 206,700 $ 473,700

Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data on operations and costs for March follow. Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Required A Required B Required C Product costs per unit KA-15 Required: a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. b. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor cost. c. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct material costs to allocate overhead to the products. KA-15 600 360 750 $ 82,000 16,500 KA-24 KA-24 400 540 1,750 $ 130,000 38,500 Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. Note: Do not round your intermediate calculations. Round your final answers to 2 decimal places. Total 1,000 900 2,500 $ 212,000 55,000 206,700 $ 473,700

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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