Russell Corp. manufactures computer desks in its Boston, Massachusetts, 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 $5 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 Russell's managers set for Standard desks to earn a $39 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.) Unpainted Desk Standard Desk 182250 Direct materials 45100 X Data Table Materials handling Assembling Painting Total manufacturing cost Number of units Budgeted Cost Cost Activity of Activity Allocation Base Allocation Rate Materials handling $ 280,000 Number of parts $ 0.60 Assembling $ 2,700,000 Direct labor hours $ 16.00 Painting ........... $ 170,000 Number of painted desks $ 4.90 produced two styles desks in the Standard and Unpainted desk. Data for each follow Manufacturing cost per unit Requirement 2. Premanufacturing activities, such as product design, were assigned to the Standard desks a post-manufacturing costs were $22 per Standard and $19 per Unpainted desk. Compute the full product cost ivities such as distribution, marketing, and customer service. The Standard Desk Unpainted Desk Total Total Direct Total Total Assembling Direct Labor Units Materials Number Product Produced Costs of Parts Hours 7,500 $ 182.250 120.500 5,700 Full product cost per unit Standard desk Unpainted desk .... 3,000 $ 45,100 30,500 1,100 Requirement 3. Which product costs are reported in the external financial statements? Which costs are used are reported in the financial statements. Managers use Print Done that are expensed as