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Question Help Stanford Metal Works produces two types of metal lamps. Stanford manufactures 24,000 basic lamps and 4,600 designer lamps. Its simple costing system uses
Question Help Stanford Metal Works produces two types of metal lamps. Stanford manufactures 24,000 basic lamps and 4,600 designer lamps. Its simple costing system uses a single indirect-cost pool and allocates costs to the two lamps on the basis of direct manufacturing labour-hours. It provides the following budgeted cost information. E: (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Stanford's simple costing system. Budgeted indirect manufacturing costs | Budgeted manufacturing labour hours $ 343,500 1 13,740 Budgeted MOH rate $ 25 per manufacturing labour-hour Now calculate the total budgeted costs and per unit costs of the basic and designer lamps using Stanford's simple costing system. (Round all per unit amounts to two decimal places.) Basic lamps Total Per unit Direct materials 312000 Direct manufacturing labour Total direct costs Indirect costs allocated Total costs Question Help Stanford Metal Works produces two types of metal lamps. Stanford manufactures 24,000 basic lamps and 4,600 designer lamps. Its simple costing system uses a single indirect-cost pool and allocates costs to the two lamps on the basis of direct manufacturing labour-hours. It provides the following budgeted cost information. (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer Data Table Budgeted indirect manufacturing costs / Budgeted man $ 343,500 Now calculate the total budgeted costs and per unit costs of Basic Lamps Designer Lamps Total places.) Basic lamps Direct materials per lamp $ 13 $ 18 Total Per unit 0.4 hours 0.9 hours Direct materials 312000 Direct manufacturing labour per lamp Direct manufacturing labour rate per hour Indirect manufacturing costs $ 30 $ 30 $ Direct manufacturing labour 343,500 Total direct costs Print Done Indirect costs allocated Total costs Enter any number in the edit fields and then click Check
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