scott, Inc. manufactures bookcases and uses an activity-based costing system. Prescott's activity areas and related data follow Click the icon to view the activity areas and related data.) scott 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 (Click the icon to view the totals for quantities, direct materials costs, and other data.) d the requirements Total manufacturing cost Manufacturing cost per unit Requirement 2. Suppose that pre-manufacturing activities, such as product design, were assigned to the standard bookcases at $7 each and to the unfinished bookcases at $4 each. Similar analyses were conducted of post-m activities such as distribution, marketing, and customer service. The post-manufacturing costs were $23 per standard bookcase and $18 per unfinished bookcase. Compute the full product costs per unit Standard Bookcase Unfinished Bookcase Full product cost per unit Requirement 3. Which product coets 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 which include for decisions such as pricing and product emphasis Requirement 4. What phce should Prescott's managers set for unfinished bookcases to eam a net profit of $19 per bookcase? To sam a net profit of $10 per bookcase, Presoft's managers should charge which include Question 2 Data table system. Prescott's activity areas and related data se and an unfinished bookcase, which has fewe and other data.) Bype of bookcase. (Enter a "0" for any zero-balan Bookcase Activity Materials handling $ Assembly Finishing Predetermined Budgeted Cost of Activity Allocation Base Overhead Allocation Rate 210,000 Number of parts 1.00 Number of assembling direct labor 13.00 4.00 3,500,000 hours 170,000 Number of finished units" "Refers to number of units receiving the finishing activity, not the number of units transferred to Finished Print Done uct design, were assigned to the standard bo manufacturing costs were $23 per standard shed Bookcase Data table Total Direct Product Total Units Produced Materials Costs Total Direct Labor Costs Total Number of Parts Total Assembling Direct Labor Hours Standard bookcase 5,000 $ 60,000 $ 120,000 20,000 10,000 Unfinished bookcase 5,800 58,000 83,520 17.400 6,960 Print Done X Question 2 Data table system. Prescott's activity areas and related data se and an unfinished bookcase, which has fewe and other data.) Bype of bookcase. (Enter a "0" for any zero-balan Bookcase Predetermined Budgeted Cost of Activity Activity Allocation Base Overhead Allocation Rate Materials handling $ 210,000 Number of parts 1.00 Number of assembling direct labor Assembly 13.00 4.00 Finishing 3,500,000 hours 170,000 Number of finished units" "Refers to number of units receiving the finishing activity, not the number of units transferred to Finished Print Done act design, were assigned to the standard bo manufacturing costs were $23 per standard shed Bookcase. Data table Total Direct Total Total Units Product Produced Materials Costs Total Direct Labor Costs Number of Total Assembling Parts Direct Labor Hours Standard bookcase 5,000 $ 60,000 $ 120,000 20,000 10,000 Unfinished bookcase 5.800 58,000 83,520 17,400 6.960 Print Done X scott, Inc. manufactures bookcases and uses an activity-based costing system. Prescott's activity areas and related data follow Click the icon to view the activity areas and related data.) scott 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 (Click the icon to view the totals for quantities, direct materials costs, and other data.) ad the requirements Total manufacturing cost Manufacturing cost per unit Requirement 2. Suppose that pre-manufacturing activities, such as product design, were assigned to the standard bookcases at $7 each and to the unfinished bookcases at $4 each Similar analyses were conducted of post-m activities such as distribution, marketing, and customer service. The post-manufacturing costs were $23 per standard bookcase and $18 per unfinished bookcase. Compute the full product costs per unit Standard Bookcase Unfinished Bookcase Full product cost per unit Requirement 3. Which product coets 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 which include for decisions such as pricing and product emphasis Requirement 4. What pnce should Prescott's managers set for unfinished bookcases to eat a net profit of $10 per bookcase? To som a net profit of $10 per bookcase, Prescott's managers should charge which include