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Data table Data table Mcknight, Inc. manufactures bookcases and uses an actwity-based costing system. Mcknighr's acthity areas and related data follow: (Click the icon lo

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Data table Data table Mcknight, Inc. manufactures bookcases and uses an actwity-based costing system. Mcknighr's acthity areas and related data follow: (Click the icon lo vew the activly areas and rolated data) Mcknight produced two styles of bookcases in October the standard bookcase and an unfirished bockcase, which has fewer parts and requices ne finishing. The totals for quantitios, drect material costs, and ofther data follow: Click the icon to view the lotals for euantiies, dikect materials costs, and other data.) Read the recuirements Requirement 1. Compute the manulacturing product cost per unit of each type of bookede. (tinter a "0" for any zero-baiances) Requirement 2 . Suppose that pre-manulacturing activies, wuch as product desigh, were assigned to the standard bookcases at $4 cach and to the unfinished bookicases as 89 each. Smiar untinished boolicase Compule the ful product costs per unit. Mckright inc. manutactures bookcases and uses an activity-based costing system. McKnighrs activity areas and reloted data follow. (Click the icon to view the Bctivity areas and related data) Mcknight produced two styles of bookcases in October the standard bookcase and an unfinished bockcase, which has tewer parts and requres ne fnishing. The tocats for quantilies, drect maten costs, and other data follow; (Click the icon to view the totals for quantises, direct matoriais costs, and other dota.) Read the roquirements: Requirement 2. Suppose that pre-manufacturing activities, such as peoduct design, were assigned to the standard bookcases at $4 each and to the urfished bookictses at $3 each. Similar analyses were conducted of post-manulacturing activities such as distibution, marketing, and customer service. The postitmanufacturing costs were $19 per atandard bookcaso and $14 per unfinished bookease Compute the full product costs per unit. Requirement 2. Which product costs are reponed in the esternal financial statements? Which costs are used for managenent decision making? Explain the difference. which indude are reported in the francal statements Managors vie , which incude for decisions such as pricing and product emphasis Requirement 4. What price should Mckinights managorn set for unfinishod bookcases to earn a net profit of $15 per bookcase? to earn a net proft of 515 per bookcask, Mckniptre managers shouss eharge

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