Frankin Cameras, Inc. manufactures two models of cameras. Model ZM has a zoom lens; Model DS has a fixed lens. Franklin uses an activity-based costing system. The following are the relevant cost data for the previous month: Franklin's facility has the capacity to operate 4,500 machine hours per month. Required a. Compute the cost per unit for each product. b. The current market price for products comparable to Model ZM is $129 and for DS is $81. If Franklin sold all of its products at the market prices, what was its profit or loss for the previous month? c. A market expert believes that Franklin can sell as many cameras as it can produce by pricing Model ZM at $124 and Model DS at \$46. Franklin would like to use those estimotes as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. The current market price for products comparable to Model ZM is $129 and for DS is $81. If Franklin sold all of its products at the market prices, what was its profit or loss for the previous month? (Round intermediate calculations to 2 decimal places. Loss amounts should be indicated by a minus sign.) Frankin Cameras, Inc. manufactures two models of cameras. Model ZM has a zoom lens; Model DS has a fixed lens. Franklin uses an activity-based costing system. The following are the relevant cost data for the previous month: Franklin's facility has the capacity to operate 4,500 machine hours per month. Required a. Compute the cost per unit for each product. b. The current market price for products comparable to Model ZM is $129 and for DS is $81. If Franklin sold all of its products at the market prices, what was its profit or loss for the previous month? c. A market expert believes that Franklin can sell as many cameras as it can produce by pricing Model ZM at $124 and Model DS at \$46. Franklin would like to use those estimotes as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. The current market price for products comparable to Model ZM is $129 and for DS is $81. If Franklin sold all of its products at the market prices, what was its profit or loss for the previous month? (Round intermediate calculations to 2 decimal places. Loss amounts should be indicated by a minus sign.)
