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BASCO BOARDS PROFIT IS WRONG!!!! NEED HELP, WHAT IS THE ANSWER???????? THANK YOU SO MUCH :) Fanning Boards produces two kinds of skateboards. Selected unit
BASCO BOARDS PROFIT IS WRONG!!!! NEED HELP, WHAT IS THE ANSWER???????? THANK YOU SO MUCH :)
Fanning Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Basco Boards Shimano Boards 0.85 points Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue $ 24.50 $ 30.50 $ 15.25 4,500 $389,250 $ 37.00 $ 52.00 $ 19.00 8,500 $1,062,500 Fanning allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $56,500 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Compute the profit for each product. * Answer is complete but not entirely correct. Basco Boards Cost per unit Profit 76.53 44,865 Shimano Boards $ 111.32 $ 116,250Step by Step Solution
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