Lawton Corp manufactures computer desks in its Syracuse New York plant The company uses activity-based costing to allocale all manufacturing conversion costs (Grect labor and manufacturing overhead) its activities and related data follow Click the icon to view the activity areas and related data) Read the requirements Denom durt cost of Standard desks and Unpainted desks Complete all input felds Enter a "0" for any zero amounts Round your answers to the nearest whole dollar Company Uses activity-based costing to allocate all manufacturing conversion c 1 Requirements . X UT 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 $7 each and to the Unpainted desks at $4 each. Similar analyses were conducted of post-manufacturing activities, such as distribution, marketing, and customer service. The post-manufacturing costs were $21 per Standard and $20 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. 4. What price should Lawton's managers set for Standard desks to earn a 539 profit per desk Print Done Hlar ana sign factu per de antinn ct Data Table act Jund GA Budgeted Cost of Cost Allocation Activity Activity Allocation Base Rate Materials handling ....S 320 000 Number of parts 0.80 Assembling .. S 2 800 000 Direct labor hours S 15.00 W Painting 150 000 Number of painted desks $ 4.90 Lawton produced two styles of desks in March the Standard desk and Unpainted desk Data for each follow Total Units Total Direct Total Number Total Assembling Product Produced Materials Costs of Parts Direct Labor Hours Standard desk 6.000 $ 49.400 119,000 6.000 1500 Unpainted desk $ 11,300 29.000 1 100 roduct ost-md yses were sk Print Done out field . SH 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 dolar) Standard Desk 49.400 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 S7 each and to the Unpainted desks at Steach Smiar analyses were conducted of postmanufacturing activities suc manifesturing costs were 521 per Standard and 520 per Unpainted desk Compute the full product costs per desk Read the requirements Requirement 2. Premanufacturing activities such as product design were assigned to the Standard desks at 57 each and to the Unpainted desks at 54 each Similar analyses were conducted of post-manufacturing activities such as distribution marketing and customer service. The post-manufacturing costs were 521 per Standard and S20 per Unpainted desk Compute the full product costs per desk Standard Desk Unpainted Desk Full product cost per unit Renuirement 3. Which product costs are reported in the external financial statements? Which costs are used for management decision makilig? Explain the difference inns such as pricing and product emphases Full product costs include the 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 V for decisions such as pricing and product emphasis Full product costs include the that are expensed as incurred for external reporting However these costs often are Full product costs wton's managers set for Standard desks to eam a $39 profit per desk? Manufacturing product costs COSL per un 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 that are expensed as inc for decisions such as pricing and produd emphasis Full product costs include the these costs often are full product costs Requirement 4. What price should Lawton's managers set for Standard desks to eam manufacturing product costs Requirement 4. What price should Lawton's managers set for Standard desks to eam a 539 profit per desk? Desired profit Full product cost Manufacturing cost per unit Cow To Mormowany ...ds and then continue to the next question Type here to search O i 29