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 Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input fields. Enter a "0" for any zero amounts. Round your answers to the nearest whole dollar.) Standard Desk Unpainted Desk Direct materials Materials handling Assembling 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 $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 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 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 Data Table Requirement 1. Compute the per-unit manufacturing product cost of Standa ers to the nearest whole dollar.) Standard Desk Unpainted De Direct materials Materials handling Assembling Budgeted Cost of Cost Allocation Activity Activity Allocation Base Rate Materials handling $ 330,000 Number of parts S 0.90 Assembling $ 2,500,000 Direct labor hours $ 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 Painting Total manufacturing cost Number of units Manufacturing cost per unit Total Units Total Direct Produced Materials Costs Total Number of Parts Product Total Assembling Direct Labor Hours 6,000 Requirement 2. Premanufacturing activities, such as product design, were and customer service. The post-manufacturing costs were $22 per Standard plucted of post-manufacturing activities such as distribution, marketing, Standard desk $ 7,500 3,000 110,400 47,450 121,500 31,500 Unpainted desk .... $ 700 Standard Desk Unpainted Des Print Done Choose from any list or enter any number in the input fields and then continue to the next