Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration Coaster 750 $ 630 Traveler 450 $ 1,206 Total 1,200 $ 304, 200 387, 200 252, 200 345,200 equired: itt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute e cost of each model assembled in the second quarter.

Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration Coaster 750 $ 630 Traveler 450 $ 1,206 Total 1,200 $ 304, 200 387, 200 252, 200 345,200 equired: itt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute e cost of each model assembled in the second quarter.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...

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