chapter 19 question 4

4 of 5 (1 complete) rid deluxe. For 2019, Elkin's managers have decided --based costing In addition to the unit indirect manufacturing costs, the following data (Click the icon to view the expected information.) Because of limited machine hour capacity, Ellon can produce either 2 Read the requirements. will they produce? Carry each cost to the nearest cent (Ignore selling and administrative expenses for this calculation) Data Table Indirect Manufacturing Cost Per Unit Standard Deluxe ABC costs $ 200.80 3 310.80 Single-rate costs 204.64 $ 308 08 th model will they Round amounts Print Done This Up 4 of 5 (1 complete) Question Help Hard and deluxe. For 2010. Elkin's managers have decided activity-based costing In addition to the unit indirect manutacturing costs, the following data are expected for the company's standard and dele models for 2010 Click the icon to view the expected information) Deble of timed machine hour capanny Elkin can produte ether 2,000 standard rims ar 2.000 deuse roma Read the model will they produce? Carry each cost to the newest cont. (gnore selling and administrative expenses for this caution) -X Data Table Sales price Direct materials Direct labor Standard Deluxe 000.00 3 040.00 34.00 50.00 4900 5400 which model wil they model. Hound out to Print Done d and deluxe. For 2019, Elkin's managers have decided vity-based costing In addition to the unit indirect manufacturing costs, the fol (Click the icon to view the expected information.) Because of limited machine hour capacity. Ellin can prod Read the requirements del will they produce? Carry each cost to the nearest cent (Ignore selling and administrative expenses for this calculati Requirements 1 1 Elkin's managers rely on the ABC unit cost data computed in 2018, which model will they produce? Carry each cost to the nearest cent. (ignore selling and administrative expenses for this calculation.) 2. If the managers rely on the single plantwide overhead allocation rate cost data, which model will they produce? 3. Which course of action will yielo more income for Elkin? Which model Print Done o M In add C Elkin Company manufactures wheel time. The company produces two wheel rim models: standard and deluxe For 2019, Elkin's managers have decided to use the same indirect manufacturing costs per wheel rim that they computed in 2018 using activity-based costing (Click the icon to view the 2018 indirect manufacturing costs per wheel rim.) Becal Read Requirement 1. Elkin's managers rely on the ABC unit cost data computed in 2018. which model will they produce? Carry each cost to the nearest cent. (ignore Use the ABC unit cost data to compute the gross profit per unit for each model ABC Data Gross Profits Standard Deluxe Sales price Direct materials Direct labor Indirect manufacturing costs Gross profit per unit model to maximize income Elion's managers will produce 2000 units of the Requirement 2. If the managers rely on the single plantwide overhead allocation rate cost data, which model will they produce? Use the single plantwde allocation rate cost data to compute the gross profit per unit for each model. (Round amounts to the nearest cent, 20XX) Single Allocation-Base Data Gross Profits Standard Deluxe Sales price Direct materials Enter any number in the edit fields and then continue to the next question This reson: 1 pt 4 of 5 (1 complete) In addit Elkin Company manufactures wheel rims. The company produces two wheel rim models: standard and deluxe. For 2019, Elkin's managers have decided to use the same indirect manufacturing costs per wheel im that they computed in 2018 using activity-based costing (Click the loon to view the 2018 indirect manufacturing costs per wheel rim.) (CB Because Read the Indirect manufacturing costs Gross profit per unit Elkin's managers will produce 2000 units of the model to macimize income Requirement 2. If the managers rely on the single plantwide overhead allocation rate cost data which model will they produce? Use the single plantwice allocation rate cost data to compute the gross profit per unit for each model (Round amounts to the nearest cent, sxxx) Single Allocation-Base Data Gross Profits Standard Sales price Deluxe Direct materials Direct labor Indirect manufacturing costs Gross profit per unit if they rely on the single plantwide allocation rate cost data Ellin's managers will produce the Requirements which course of action will yield more income for Elkin? model. It will appear to maximize income Deluxe Elson wil er more income by producing the model Standard rally more accurate than Enter any number in the edit fields and then continue to the next