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please answer all the requirements , thank you Johnston Corp. manufactures computer desks in its Buffalo, New York, plant. The company uses activity-based costing to
please answer all the requirements , thank you
Johnston Corp. manufactures computer desks in its Buffalo, New York, plant. The company uses activity-based costing to allocate all manufacturing conversion costs (direct labor and manufacturing overhead). Its activities and related data follow. 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.) 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 $22 per Standard and $19 per Unpainted desk. Compute the full product costs per desk. 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 such as pricing and product emphasis. Full product costs include the for decisions are expensed as incurred for external reporting. However, these costs often are that Requirement 4. What price should Johnston's managers set for Standard desks to earn a \$41 mmfit per desk? Data table Johnston produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: 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 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. 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 Johnston's managers set for Standard desks to earn a $41 profit per desk Step by Step Solution
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