Witt Recreation Company (WRC) makes e-bikes. The company currentlymanufactures two models, the Coaster and the Traveler, in one of the WRCfactories. Both models require the same assembling operations. The differencebetween the models is the cost of materials. The following data are available forthe second quarter.Number of bikes assembledCoaster750Traveler450Total1,200Materials cost per bikeOther costs:$ 638 $ 1,214$ 313,800396,800261,800354,800Direct laborDepreciation and leaseSupervision and controlFactory administrationRequired:Witt Recreation Company uses operations costing and assigns conversion costsbased on the number of units assembled. Compute the cost of each modelassembled in the second quarter.Note: Do not round intermediate calculations. Round your final answers tonearest whole number.Operation costMaterials costTotal costUnit costCoasterTravelerTotal$0

TOTAL COSTTotal Cost is the cost incurred in manufacturing a product.Total Cost Includes Cost of Raw…

Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter.

Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 13EA: Tri-bikes manufactures two different levels of bicycles: the Standard and the Extreme. The total...

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