Question
Levels of costs Baldacci Inc. has a casting machine that is used for three of the companys products. Each machine setup costs $18,243, and the
Levels of costs Baldacci Inc. has a casting machine that is used for three of the companys products. Each machine setup costs $18,243, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Setup # Product #453 Product #529 Product #663 1 24,250 2 980 3 14,950 4 28,400 5 40 6 18,250 a. If total machine setup cost is allocated to all units of product, what is the setup cost per unit? Round your answer to the nearest cent. $ 1.26 What is the total setup cost for Products #453, 529, and 663 during June? $ 109456 b. If machine setup cost is allocated to each type of product made, what is the setup cost per unit of Products #453, 529, and 663 and the total cost of those products during June? Round your answers to the nearest cent. Product #453 $ 0.77 per unit Product #529 $ 1.22 per unit Product #663 $ 35.77 per unit c. If Baldacci Inc. had manufactured all similar products in a single production run, how would unit and total costs have changed during June? Round your answers to the nearest cent if rounding is required. Total setup cost $ Product #453 $ Product #529 $ Product #663 $
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