Your manufacturing facility produces three styles of coffee tables for its customers. All three of the tables use the same Baltic birch plywood oval and then are treated differently to create the final products. The Waltons model has a natural wood finish and wooden legs. The Jetsons model has aluminum sheet laminated to the wood base and aluminum legs. The Miami Vice model has a hot pink finish applied and black iron legs. The plywood ovals are manufactured in a process environment. Then, they are transferred to the next department where they undergo transformation into the finished products. The second department is a job-order cost environment. Required: Using the data on this page, prepare the process cost summary on the blank form provided. Then, using your answer from the process cost summary and other information provided, complete the job-order cost report by computing manufacturing cost per unit for each of the three models. Please note that the job order cost report is not complete - you'll need to add some lines to arrive at your final manufacturing costs per unit. Take a photo of your completed blanks and submit as a pdf on Canvas where indicated. Raw Materials Beginning RM Inventory RM Purchases (on credit) Direct Material Used lindirect Material Used Ending RM Inventory 16,960 452,100 (263,200) (184,400) 21,460 Factory Overhead Indirect Materials Used Indirect Labor Used Other Overhead Costs Total Overhead Incurred 184,400 95,700 186,600 466,700 Raw Materials Beginning RM Inventory RM Purchases (on credit) Direct Material Used lindirect Material Used Ending RM Inventory 16,960 452,100 (263,200) (184,400) 21,460 Factory Overhead Indirect Materials Used Indirect Labor Used Other Overhead Costs Total Overhead Incurred 184,400 95,700 186,600 466,700 Factory Overhead Applied at 180% of DL$ 467,100 Factory Payroll Direct Labor Used Indirect Labor Used Total Payroll (paid in cash) 259,500 95,700 355,200 Direct labor Used Overhead Applied Total Conversion 259,500 467,100 726,600 Units Beginning WIP Started into Production Ending WIP 5,500 20,500 4,500 12,900 72,000 Costs Beginning WIP - DM Beginning WIP - Conversion Total DM Addded Conversion Added Total Costs Ending WIP 80% complete with respect to Direct Mat'ls 60% complete with respect to Conversion 84,900 263,200 726,600 1,074,700 process data Name 1 Units in Beginning WIP Units Transferred Units Started into Prod'n Units in Ending WIP Units to Account For Units Accounted For Direct Mat'ls Conversior Total 2 Units Comp & Transferred Units in Ending WIP - DM Units in Ending WIP - Conv Equivalent Units Cost of Beginning WIP Cost Added this Period Cost to be Accounted For 3 Cost Per Equivalent Unit 4 Transferred to FG units @ Ending WIP - DM units @ Ending WIP - Conversion units @ Total Cost Accounted For Name The Waltons The Jetsons Miami Vice units DL Hours 6,750 8,350 9,280 13,288.50 16,983.20 19,162.30 144,540 222,340 187,620 DM Dollars DL Dollars Factory OH Subtotal Job Order Cost/unit Total Cost Per Table Total Mfg Cost / unit Calculations (If needed): please note: Direct Labor is paid at the rate of $30 per Direct L Overhead is applied at the rate of $2 per Direct M Don't forget the cost for the table top from Proce Round answers to the nearest cent ($XXX.XX) Your manufacturing facility produces three styles of coffee tables for its customers. All three of the tables use the same Baltic birch plywood oval and then are treated differently to create the final products. The Waltons model has a natural wood finish and wooden legs. The Jetsons model has aluminum sheet laminated to the wood base and aluminum legs. The Miami Vice model has a hot pink finish applied and black iron legs. The plywood ovals are manufactured in a process environment. Then, they are transferred to the next department where they undergo transformation into the finished products. The second department is a job-order cost environment. Required: Using the data on this page, prepare the process cost summary on the blank form provided. Then, using your answer from the process cost summary and other information provided, complete the job-order cost report by computing manufacturing cost per unit for each of the three models. Please note that the job order cost report is not complete - you'll need to add some lines to arrive at your final manufacturing costs per unit. Take a photo of your completed blanks and submit as a pdf on Canvas where indicated. Raw Materials Beginning RM Inventory RM Purchases (on credit) Direct Material Used lindirect Material Used Ending RM Inventory 16,960 452,100 (263,200) (184,400) 21,460 Factory Overhead Indirect Materials Used Indirect Labor Used Other Overhead Costs Total Overhead Incurred 184,400 95,700 186,600 466,700 Raw Materials Beginning RM Inventory RM Purchases (on credit) Direct Material Used lindirect Material Used Ending RM Inventory 16,960 452,100 (263,200) (184,400) 21,460 Factory Overhead Indirect Materials Used Indirect Labor Used Other Overhead Costs Total Overhead Incurred 184,400 95,700 186,600 466,700 Factory Overhead Applied at 180% of DL$ 467,100 Factory Payroll Direct Labor Used Indirect Labor Used Total Payroll (paid in cash) 259,500 95,700 355,200 Direct labor Used Overhead Applied Total Conversion 259,500 467,100 726,600 Units Beginning WIP Started into Production Ending WIP 5,500 20,500 4,500 12,900 72,000 Costs Beginning WIP - DM Beginning WIP - Conversion Total DM Addded Conversion Added Total Costs Ending WIP 80% complete with respect to Direct Mat'ls 60% complete with respect to Conversion 84,900 263,200 726,600 1,074,700 process data Name 1 Units in Beginning WIP Units Transferred Units Started into Prod'n Units in Ending WIP Units to Account For Units Accounted For Direct Mat'ls Conversior Total 2 Units Comp & Transferred Units in Ending WIP - DM Units in Ending WIP - Conv Equivalent Units Cost of Beginning WIP Cost Added this Period Cost to be Accounted For 3 Cost Per Equivalent Unit 4 Transferred to FG units @ Ending WIP - DM units @ Ending WIP - Conversion units @ Total Cost Accounted For Name The Waltons The Jetsons Miami Vice units DL Hours 6,750 8,350 9,280 13,288.50 16,983.20 19,162.30 144,540 222,340 187,620 DM Dollars DL Dollars Factory OH Subtotal Job Order Cost/unit Total Cost Per Table Total Mfg Cost / unit Calculations (If needed): please note: Direct Labor is paid at the rate of $30 per Direct L Overhead is applied at the rate of $2 per Direct M Don't forget the cost for the table top from Proce Round answers to the nearest cent ($XXX.XX)