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I need help on requirement 2 Russell Corp. manufactures computer desks in its Boston, Massachusetts, plant. The company uses activity-based costing to allocate all manufacturing

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Russell Corp. manufactures computer desks in its Boston, Massachusetts, plant. The company uses activity-based costing to allocate all manufacturing conversion costs (direct labor and manufacturing overhead). Its activities and related data follow. (Click the icon to view the activity areas and related data.) Requirements 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at 55 each and to the Unpainted desks at $3 each. Similar analyses were conducted of post-manufacturing activities, such as distribution, marketing, and customer service. The post-manufacturing costs were $22 per Standard and $19 per Unpainted desk. Compute the full product costs per desk. 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference. What price should Russell's managers set for Standard desks to earn a $39 profit per desk? 4. Painting Total manufacturing cost Number of units Manufacturing cost per unit Requirement 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at $5 each and to the Unpainted desks at $3 each. Similar analyses were conducted of post-manufacturing activities such as distribution, marketing, and customer service. The post-manufacturing costs were $22 per Standard and $19 per Unpainted desk. Compute the full product costs per desk. Standard Desk Unpainted Desk Data Table Full product cost per unit Requirement 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain Budgeted Cost Cost Activity of Activity Allocation Base Allocation Rate Materials handling ... $ 280,000 Number of parts $ 0.60 Assembling $ 2,700,000 Direct labor hours $ 16.00 Painting ....... $ 170,000 Number of painted desks $ 4.90 Russell produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: for decisions such as pricing and pl that are expensed as are reported in the financial statements. Managers use incurred for external reporting. However, these costs often are Requirement 4. What price should Russell's managers set for Standard desks to earn a $39 profit per desk? Total Total Direct Total Total Assembling Units Number Materials Costs Direct Labor Hours Product Produced of Parts Sales price per unit - standard desk Standard desk ....... 7.500 $ 120,500 5,700 182,250 45,100 Unpainted desk 3,000 $ 30,500 1,100 Choose from any list or enter any number in the input fields and then continue to the next

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