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please fill in the following requirements. Homework: Chapter 19 Homework Assignment Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%,

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Homework: Chapter 19 Homework Assignment Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt P19-35A (similar to) Question Help Lawion, Inc. manufactures bookcases and uses an activity-based costing system. Lawton's activity areas and related data follow: (Click the icon to view the activity areas and related data.) Lawton produced two styles of bookcases in October: the standard bookcase and an unfinished bookcase, which has fewer parts and requires no finishing. The totals for quantities, direct materials costs, and other data follow: Click the icon to view the totals for quantities, direct materials costs, and other data.) Read the requirements. Requirement 1. Compute the manufacturing product cost per unit of each type of bookcase. (Enter a "0" for any zero-balances.) Standard Bookcase Unfinished Bookcase Total manufacturing cost Manufacturing cost per unit Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All Check Answer i Requirements -X 1. Compute the manufacturing product cost per unit of each type of bookcase. 2. Suppose that pre-manufacturing activities, such as product design, were assigned to the standard bookcases at $4 each and to the unfinished bookcases 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 bookcase and $13 per unfinished bookcase. Compute the full product costs per unit. 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 unfinished bookcases to earn a net profit of $14 per bookcase? Print Done Data Table $ $ Predetermined Budgeted Cost of Overhead Activity Activity Allocation Base Allocation Rate Materials handling 200,000 Number of parts 1.50 Assembly 3,400,000 Number of assembling direct labor hours 16.00 Finishing 160,000 Number of finished units 2.50 "Refers to number of units receiving the finishing activity, not the number of units transferred to Finished Goods Inventory Print Done Data Table x Product Total Units Produced 4,000 Standard bookcase Unfinished bookcase Total Direct Total Direct Total Number Materials Costs Labor Costs of Parts $ 60,000 $ 84,000 12,000 70,000 70,000 10,000 Total Assembling Direct Labor Hours 6,000 5,000 5,000 Print Done

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