Haver Company currently pays an outside supplier $51 per unit for a part for one of its products. Haver is considering two alternative methods of making the part. Method 1 for making the part would require direct materials of $23 per unit, direct labor of $26 per unit, and incremental overhead of $3 per unit. Method 2 for making the part would require direct materials of $23 per unit, direct labor of $20 per unit, and incremental overhead of $7 per unit. Required: 1. Compute the cost per unit for each alternative method of making the part. 2. Should Haver make or buy the part? lfHaver makes the part, which production method should it use? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost per unit for each alternative method of making the part. Cost per unit Required 2 > Haver Company currently pays an outside supplier $51 per unit for a part for one of its products. Haver is considering two alternative methods of making the part. Method 1 for making the part would require direct materials of$23 per unit, direct labor of $26 per unit, and incremental overhead of $3 per unit. Method 2 for making the part would require direct materials of $23 per unit, direct labor of $20 per unit, and incremental overhead of $7 per unit. Required: 1. Compute the cost per unit for each alternative method of making the part. 2. Should Haver make or buy the part? If Haver makes the part, which production method should it use? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Should Haver make or buy the part? If Haver makes the part, which production method should it use? Should Haver make or buy the part? If Haver makes the part, which production method should it use? ( Required 1 Hip Manufacturing produces denim clothing. This year it produced 3,100 denim jackets at a cost of $93,000. These jackets were damaged in the warehouse during storage. Management identified three alternatives for these jackets. 1. Jackets can be sold as scrap to a secondhand clothing shop for $18,600. 2. Jackets can be disassembled at a cost of $6,200 and sold to a recycler for $37,200. 3. Jackets can be reworked and turned into good jackets. The cost of reworking the jackets will be $105,400, and the jackets can then be sold for $139,500. Required: (1) Compute the income for each alternative. (2) Which alternative should be chosen? Scrap, Recycle or Rework Analysis Scrap Recycle Rework Revenue from scrap/recycle/rework Cost of recycled/reworked units IncomeEdge Company produces two models of its product with the same machine. The machine has a capacity of164 hours per month. The following information is available. Standard Deluxe Selling price per unit $ 196 $ 229 Variable costs per unit 89 132 Contribution margin per unit $ 118 $ 88 Machine hours per unit 1 hour 2 hours Maximum unit sales per month 558 units 266 units Required: 1. Determine the contribution margin per machine hour for each model. Contribution margin per unit Contribution margin per machine hour 2. How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Hours dedicated to the production of each product Units produced for most protable sales mix Contribution margin per unit Total contribution margin 3.Assume the maximum demand forthe Standard model is 80 units (not 550 units). How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Hours dedicated to the production of each product Units produced for most protable sales mix Contribution margin per unit Total contribution margin Techcom is designing a new smartphone. Each unit ofthis new phone will require $238 of direct materials; $18 of direct labor; $31 of variable overhead; $26 of variable selling, general, and administrative costs; $39 of fixed overhead costs; and $18 of fixed selling, general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 170% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $880 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the selling price per unit if the company uses the total cost method and plans a markup of 170% of total costs. 1. Total cost per unit 2. Markup per unit 3. Selling price per unit Required 2 ) Required 1 Required 2 Required 3 The company is a pricetaker and the expected selling price for this type of phone is $880 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. E Required 1 Required 2 Required 3 Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. 1. Total variable cost per unit 2. Markup per unit 3. Selling price per unit