Budgeted Cost of Activity Activity Allocation Base Materials handling $ 270,000 Number of parts $ Assembling $ 2,700,000 Direct labor hours SA Painting $ 140,000 Number of painted desks $ Cost Allocation Rate 0.70 16.00 5.00 Lawton produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: Total Units Product Produced Total Direct Materials Costs Total Number of Parts Total Assembling Direct Labor Hours Standard desk 7,500 $ .... 163,050 120,500 6,100 Unpainted desk 2,500 $ 66,750 30,500 900 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 $6 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 $20 per Standard and $19 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 Lawton's managers set for Standard desks to earn a $39 profit per desk? Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input fields. E nearest whole dollar.) Direct materials Materials handling Assembling Painting Total manufacturing cost Number of units Manufacturing cost per unit Standard Desk Unpainted Desk