Edmund company manufactures wheel rims. the com
Question Help Edmund Company manufactures wheel rims. The company produces two wheel rim models: standard and deluxe. For 2019, Edmund'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) In addition to the unit indirect manufacturing costs, the following data are expected for the company's standard and deluxe models for 2019 (Click the icon to view the expected information) Because of limited machine hour capacity, Edmund can produce ether 2,000 standard rims or 2.000 deluxe rims Read the requirements ABC Data Gross Profits Dbluxe Standard 800.00 $ 940.00 Sales price 31.00 48.00 Direct materials 45.00 52.00 Direct labor 366.00 13800 Indirect manufacturing costs Gross profit per unit Enter any number in the edit fields and then click Check Answer Check Answer Clear All parts remaining 4 Bvelaa er 2010 - X om Data Table - X Data Table D r wi Indirect Manufacturing Cost Per Unit Standard Deluxe Standard Deluxe Sales price 800.00 S 940,00 ABC costs S 138.00 S 366.00 Direct materials 31.00 48 00 Single-rate costs 201.60 S 302.40 0 Direct labor 45.00 52.00 0 Done Print Print Done EQuestion Help Edmund Company manufactures wheel rims. The company produces two wheel rim models: standard and deluxe. For 2019,, Edmund's managers have decided to use the same indirect manufacturing costs per wheel rim that they computed in 2018 using activity-based costing In addition to the unit indirect manufacturing costs, the following data are expected for the company's standard and deluxe models for 2019 (Click the icon to view the expected information.) Because of limited machine hour capacity, Edmund can produce either 2,000 standard rims or 2,000 dekuxe rims E(Click the icon to view the 2018 indirect manufacturing costs per wheel rim.) Read the requirements Requirement 1. If Edmund'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) Use the ABC unit cost data to compute the gross profit per unit for each model. X ABC Requirements Sales price 1. If Edmund'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? Direct materials Enter any number in the edit fiek eck Answer 3. Which course of action will vield more income for Edmund? parts remaining Data Table - X Indirect Manufacturing Cost Per Unit Standard Deluxe ABC costs 138.00 S 366.00 Single-rate costs 201.60 S 302.40 Print Done - X Data Table Standard Deluxe 940.00 800.00 $ Sales price $ 48.00 31.00 Direct materials 52.00 45.00 Direct labor Done Print
