Finch Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue Finch allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $57,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. b. Compute the profit for each product. a. Cost per unit b. Profit Basco Boards Shimano Boards $ 37.20 $ 24.60 $30.60 $15.30 4,600 $ 52.20 $19.20 8,600 $ 400,200 $ 1,083,600 Basco Boards Shimano Boards

Finch Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue Finch allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $57,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. b. Compute the profit for each product. a. Cost per unit b. Profit Basco Boards Shimano Boards $ 37.20 $ 24.60 $30.60 $15.30 4,600 $ 52.20 $19.20 8,600 $ 400,200 $ 1,083,600 Basco Boards Shimano Boards

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Description: bh Finch Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter followProduction costsDirect materialsDirect laborAllocated overheadTotal units produced and soldTotal sales revenuea. Cost per unitb. Profi

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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