Lawton Corp. manufactures computer desks in its Philadephia, Pennsylvania, 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.) Read the requirements. Manufacturing cost per unit Requirement 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at $4 each and to the Unpainted desks at $2 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 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 the difference. are reported in the financial statements. Managers use for decisions such as pricing and product emphasis. Full product costs include the V that are expensed as incurred for external reporting. However, these costs often are Requirement 4. What price should Lawton's managers set for Standard desks to earn a $41 profit per desk? Sales price per unit - standard desk Choose from any list or enter any number in the input fields and then continue to the next question. Lawton Corp. manufactures computer desks in its Philadephia, Pennsylvania, plant. The company uses activity-based costing to allocate all manufacturing conversion costs (direct labor and manufacturing overhead). Its activities and related data follow. E: (Click the icon to view the activity areas and related data.) Read the requirements Data Table x Manufacturing cost per unit plucted of post-manufacturing activities such as distribution, marketing, Requirement 2. Premanufacturing activities, such as product design, were and customer service. The post-manufacturing costs were $22 per Standard Cost Allocation Rate Standard Desk Unpainted Des Budgeted Cost of Activity Activity Allocation Base Materials handling ....S 330,000 Number of parts Assembling S 2,500,000 Direct labor hours S 0.90 $ 16.00 Painting ... $ 170,000 Number of painted desks $ 4.90 Lawton produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow Full product cost per unit Requirement 3. Which product costs are reported in the external financial s Total Units Total Direct Produced Materials Costs Total Number of Parts Total Assembling Direct Labor Hours Product are reported in the financial statements. Man sts include the Standard desk $ 6,000 that are expel 7,500 3,000 110,400 47,450 121,500 31,500 Unpainted desk .... $ 700 Requirement 4. What price should Lawton's managers set for Standard des Print Done Sales price per unit - standard desk Choose from any list or enter any number in the input fields and then continue to the next