Question
Gerald Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow. Basco Boards Shimano Boards Production costs
Gerald Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow.
| Basco Boards | Shimano Boards | |||||
| Production costs | ||||||
| Direct materials | $ | 24 | $ | 36 | ||
| Direct labor | $ | 30 | $ | 51 | ||
| Allocated overhead | $ | 15 | $ | 18 | ||
| Total units produced and sold | 4,000 | 8,000 | ||||
| Total sales revenue | $ | 336,000 | $ | 960,000 | ||
Required: a. Compute the per-unit cost for each product. (Round your answers to 2 decimal places.)
b. Compute the profit for each product.
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Managefirst Managerial Accounting With Pencil/Paper Exam
Authors: National Restaurant Association
1st Edition
0132283417, 978-0132283410
