Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Standard Enhanced Total Units produced 24,000 8,000 32,000 Machine-hours 14,400 9,600 24,000 Direct labor-hours 18,000 18,000 36,000 Direct materials costs $ 523,200 $ 784,800 $ 1,308,000 Direct labor costs 324,000 666,000 990,000 Manufacturing overhead 950,400 Total costs $ 3,248,400 Required: Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Enhanced Product costs per unit Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Enhanced Product costs per unit
Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow. Standard Enhanced Total Units produced 24,000 8,000 32,000 Machine-hours 14,400 9,600 24,000 Direct labor-hours 18,000 18,000 36,000 Direct materials costs $ 523,200 $ 784,800 $ 1,308,000 Direct labor costs 324,000 666,000 990,000 Manufacturing overhead 950,400 Total costs $ 3,248,400 Required: Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Enhanced Product costs per unit Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Standard Enhanced Product costs per unit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless models, Standard and Enhanced, which differ both in the materials and components used and in the labor skill required. Data for the Campus Plant for the third quarter follow.
| Standard | Enhanced | Total | |
|---|---|---|---|
| Units produced | 24,000 | 8,000 | 32,000 |
| Machine-hours | 14,400 | 9,600 | 24,000 |
| Direct labor-hours | 18,000 | 18,000 | 36,000 |
| Direct materials costs | $ 523,200 | $ 784,800 | $ 1,308,000 |
| Direct labor costs | 324,000 | 666,000 | 990,000 |
| Manufacturing overhead | 950,400 | ||
| Total costs | $ 3,248,400 |
Required:
Compute the individual product costs per unit assuming that Redfern Audio uses direct labor costs to allocate overhead to the products.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
|
Compute the individual product costs per unit assuming that Redfern Audio uses material costs to allocate overhead to the products.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
|
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