Owen Corp. manufactures computer desks in its Pittsburgh, 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.) 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 $7 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 $20 per Standard and $19 per Unpainted desk Compute the full product costs per desk 3. Which product costs are reported in the extemal 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 $37 profit per desk? Requirement 1. Compute the per-unit manufacturing product cost of Standard desks and Unpainted desks. (Complete all input boxes. 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 Choose from any list or enter any number in the input fields and then continue to the next question Owen Corp. manufactures computer desks in its Pittsburgh, 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 3: (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 $7 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 $20 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 $37 profit per desk? Requirement 2. Premanufacturing activities, such as product design, were assigned to the Standard desks at $7 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 $20 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 emas Fullwursts include the vl that are avansadas incurred for external renartin Hrwin ments Managers use what an exantar as in Choose from any list or enter any number in the input fields and then continue to the next question Owen Corp. manufactures computer desks in its Pittsburgh, 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.) 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 $7 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 $20 per Standard a $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 $37 profit per desk? Full product cost per unit Requirement 3. Which product costs are reported in the extemal financial statements? Which costs are used for management decision making? Explain the differenc are reported in the financial statements. Managers use emphasis. Full product costs include the these costs often are for decisions such as pricing and product that are expensed as incurred for external reporting. However, Requirement 4. What price should Owen's managers set for Standard desks to earn a $37 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 1 of 1 (0 complete) This Qui s computer desks in its Pittsburgh, Pennsylvania, plant. The company uses activity-based costing to allocate all manufactu anuf wth A Data Table 2 each. were $2 it m ativity nost- desk] are Dwer in the dif Budgeted Cost Cost Activity of Activity Allocation Base Allocation Rate Materials handling ... $ 330,000 Number of parts 0.90 Assembling ........$ 2,200,000 Direct labor hours $ 15.00 Painting ........ 150,000 Number of painted desks $ 4.90 Owen produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: arody aking? EX osts pricing xternal re Total Units Produced 6,500 2,000 Total Direct Materials Costs $ 153,650 $ 19,000 Product Standard desk Unpainted desk ..... Total Number of Parts 120,000 30,000 Total Assembling Direct Labor Hours ice 6,000 800 anda: Print Done Anton