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QUESTION ANSWER For a manufacturer, when direct labor costs are recorded, the debit entry is to Wages Payable Direct Labor Manufacturing Overhead Work-in-Process Inventory IDONTKNOWYET

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QUESTION ANSWER For a manufacturer, when direct labor costs are recorded, the debit entry is to Wages Payable Direct Labor Manufacturing Overhead Work-in-Process Inventory IDONTKNOWYET Compute it uses activity based costing. Two of Compute ifs production activities are kitting (assembing the raw materials needed for each computer in one kit) and boxing the completed products for sh pment to customers. Assume thal Compute it spends $960,000 per month on kitting and $32,000 per month on boxing. Compute It allocates the foliowing: - Kating costs based on the number of parts used in the computer - Boxing costs based on the cubic feet of space the computer requires Suppose Compute It estimates it will use 400,000 parts per month and ship products with a total volume of 6,400 cubic loet per month. Assume that each deskiop computer requies 125 parts and has a volume of 2 cubic foet The predefermined overhead allocation rato for kitting is $240 per part and the predetermined overhead allocation rate tor boxing is $5,00 per cubic loot. What are the kiting and boxing costs assigned to one desktop computer? (Round all calculatons to the nearest cent)

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