Owen Corp. manufactures computer desks in its Nashville, Tennessee, 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 $4 each and to the Unpainted desks at SP each. Similar Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input boxes. Enter a "" for any zero amounts Round your answers to the nearest whole dollar) Direct materials Standard Desk Unpainted Desk Choose from any list or enter any number in the input fields and then continue to the next question This Test: 50 pts possit 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 $4 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 $21 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 4. What price should Owen's managers set for Standard desks to earn a $40 profit per desk? Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input boxes. Enter a "" for any zero amounts. Round your answers to the nearest whole dollar) Standard Desk Unpainted Desk Direct materials Choose from any list or enter any number in the input fields and then continue to the next question Previous Next Budgeted Cost Cost Activity of Activity Allocation Base Allocation Rate Materials handling $ 270,000 Number of parts $ 0.80 Assembling $ 2,800,000 Direct labor hours $ 15.00 Painting $ 150,000 Number of painted desks $ 5.00 - Owen produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: Print Done anufact ts (dire Con to Data Table Owen produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: an The per cturing it $ Total Total Direct Total Total Assembling .Com Units Materials Number Direct Labor Ente Round Product Produced Costs of Parts Hours Standard desk 5,500 $ 87,900 119,500 Unpainted desk 3,000 $ 87,400 29.500 6,100 800 my list Print Done Owen Corp. manufactures computer desks in its Nashville, Tennessee, 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 $4 each and to the Unpainted desks at $3 each. Similar Standard Desk Unpainted Desk Direct materials Materials handling Assembling Daintinn Choose from any list or enter any number in the input fields and then continue to the next question. Previous conversion costs (direct labor and manufacturing overhead). Its activities and related data follow. in its Nashville, Tennessee, plant. The company uses activity-based c (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 $4 each and to t Painting Total manufacturing cost Number of units Manufacturing cost per unit Choose from any list or enter any number in the input fields and then continue to the next question. Previous conversion costs (direct labor and manufacturing overhead). Its activities and related data follow his Nashville, Tennessee, plant. The company uses activity-based costing to allocate all manufacturing (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 $4 each and to the Unpainted desks at $3 each. Similar 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 $3 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 $19 per Unpainted desk. Compute the full product costs per desk Standard Desk Unpainted Desk Choose from any list or enter any number in the input fields and then continue to the next question, Previous Requirements 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted 2. Premanufacturing activities, such as product design, were assigned to the Standard Standard Desk Unpainted Desk Full product cost per unit Choose from any list or enter any number in the input fields and then continue to th Owen Corp. manufactures computer desks in its Nashville, Tennessee, plant. The company uses activity-based costing to allocate 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 $4 each and to the Unpainted desa Requirement 3. Which product costs are reported in the external financial statements? Which costs are used for management decis difference. are reported in the financial statements. Managers use 1 Full product costs C Manufacturing product costs nclude the mber in the input fields and then continue to the next question. for decisions su that are expensed as Previous Owen Corp. manufactures computer desks in its Nashville, Tennessee, plant. The company uses activity-based costing to allocate all ma 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 2. Premanufacturing activities, such as product Requirement 3. Which product costs are reporte difference. are reported in the costs of premanufacturing and post-manufacturing activities direct manufacturing costs only indirect direct manufacturing costs only manufacturing costs only Inpainted desks alt gement decision m or decisions such a product emphasis. Full product costs include the Choose from any list or enter any number in the input fields and then continue to the next question. that are expensed as incum Previous 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 $4 each and to the Unpa Requirement 4. What price should Owen's managers set for Standard desks to earn a $40 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. < Previous