Study the Appendix to this chapter (page 320). Oak Furniture Co. manufactures a variety of wooden chairs. The company’s manufacturing operations and costs applied to products for June were

Three styles of chairs were produced in June. The quantities and direct materials cost were

Each unit, regardless of style, required the same cutting and assembly operations.
The unfinished chairs, as the name implies, had no finishing operations whatsoever.
Standard and deluxe styles required the same finishing operations.
1. Tabulate the total conversion costs of each operation, the total units produced, and the conversion cost per unit.
2. Tabulate the total costs, the units produced, and the cost per unit for each chair type.

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CUTTING ASSEMBLY FINISHING Direct labour $ 60,000 $30,000 $ 96,000 Factory overhead 115,500 37,500 156,000