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Exercise 6-50 (Static) Operations Costing (LO 6-6) S. Lee Enterprises produces two models of lawn tractor: SL1 and SL2. The models are both produced
Exercise 6-50 (Static) Operations Costing (LO 6-6) S. Lee Enterprises produces two models of lawn tractor: SL1 and SL2. The models are both produced in the company's Louisville factory and go through identical assembly operations. The difference is in the quality (hence, cost) of the parts used. The following data are available for November, the latest month for which information is available: Other costs: Number assembled SL1 1,300 SL2 1,800 Total 3,100 Materials cost per tractor $ 900 $1,400 $1,200,000 480,000 2,350,000 Direct labor Supplies Other overhead Required: S. Lee Enterprises uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in November. Operation cost Materials cost Total cost Number of units Unit cost SL1 Answer is not complete. SL2 Total $ 1,170,000 $1,620,000 $2,790,000
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