1 of 1 (0 complete) This 0 Requirements X ng conversion costs af for any zero amour 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at $5 each and to the Unpainted desks at $4 each. Similar analyses were conducted of post-manufacturing activities, such as distribution, marketing, and customer service. The post- manufacturing costs were $25 per Standard and $21 per Unpainted desk. Compute the full product costs per desk. 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference. 4. What price should Russell's managers set for Standard desks to earn a $44 profit per desk? print Donn Data Table oute vities tivity -r-un lar.) Budgeted Cost of Cost Allocation Activity Activity Allocation Base Rate Materials handling $ 280,000 Number of parts 0.70 Assembling .... $ 2,700,000 Direct labor hours 12.00 Painting $ 170,000 Number of painted desks $ 4.80 Russell produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: Total TELLD TA any na Print Done 1 of 1 (0 complete) i Data Table Versi ompute activities activity per-uni Dollar.) y ze Painting 170,000 Number of painted desks 4.80 Russell produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: Total Units Total Direct Total Number Total Assembling Product Produced Materials Costs of Parts Direct Labor Hours Standard desk ..... 7,000 $ 113,800 120,000 5,800 Unpainted desk .... 1,500 $ 3,300 30,000 1,100 any na Print Done Read the requirements Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input fields. Enter a "O" for any zero amounts. Round your answers to the nearest whole dollar) Standard Desk Unpainted Desk Direct materials Materials handling Assembling Painting Total manufacturing cost Number of units Manufacturing cost per unit wana Requirement 2. Prefecturing Act. such as product design, were assigned to the Standards a $6 each and to the United desks at teach Similes were conducted of poncturing activities such as trbution, marketing and customer service. The post manufacturing costs were 525 per Standard and 521 per Unpainted desk Compute the productos per Standard Desk Unpainted Desk Direct labor Dec Manufacturing pool Post-manufacturing activities Premanualung number in the input fields and the continue to the next question Read the requirements y DK Requirement 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at $5 each and to the Unpainted desks at $4 cach. Similar analyses were conducted of post-manufacturing activities such as distribution, marketing, and customer service. The post-manufacturing costs were $25 per Standard and $21 per Unpainted desk Compute the full product costs per desk Standard Desk Unpainted Desk Full product cost per unit urces Requirement. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference are reported in the financial statements Managers se for decisions such as pring and product mais. Ful product costs Indude the the pasured for den reporting. However, these costs for Requirement 3. Which product costs are reported in the extema financial statements? Which costs are used for management decision making? Explain the difference we reported in the financial statement Managers on to dechions such as prions and producten. Put produkto that 10 expensed as incurred for extemal reporting. However, these costs often are Fall product costs Manufacturing product costs Choose from any lost or enter any number in the input fields and then continue to the next question 21 computer desks in its Buffalo New York, plant. The company uses activity-based costing to allocate all manufacturing conversion costs (direct labor and manufacturing overhead). Its activities and related data follow Em Click the icon to view the activity areas and related data.) Read the requirements Full product cost per unit Requirement 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference. are reported in the financial statements Managers use for decisions such as pricing and product emphasis Full product costs include the that are expe However, these cost often are full product costs manufacturing product costs Choose from any list or enter any number in the input fields and then continue to the next question 21 - A W P edu nereguemenis costs of premanufacturing and post-manufacturing activities Full produc direct manufacturing costs only Requireme indirect direct manufacturing costs only ents? Which costs are used for management decision making manufacturing costs only for decisions such as pric include the that are expensed as incurred for external reporting. However, these use Choose from any list or enter any number in the input fields and then continue to the next question. Full product cost per unit Requirement 3. Which product costs are reported in the external financial statements which costs are used for management decision making? Explain the difference are reported in the financial statements Managers se for decisions such as pricing and product emphasis. Full product costs include the that are expensed as incurred or een reporting However, these costs oten or s and then continue to the next question assigned to products for internal decisione ignored for the purposes of internal decision making ces Requirement 4. What price should Russell's managers set for Standard desks to earn a $44 profit per desk? Sales price per unit - standard desk Requirement 4. What price should Russell's managers set for Standard desks to earn a $44 profit per desk? Desired profit Full product cost Manufacturing cost per unit