Exercise 5-11A (Algo) Allocating facility-level costs and a product elimination decision LO 5-3Baird Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow:Production costsDirect materialsDirect laborAllocated overheadTotal units produced and soldTotal sales revenueBasco Boardsa. Cost per unitb. Profit$24.20$ 30.20$15.104, 200$ 357,000Basco BoardsBaird allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amountto $55,000 per quarter, to the two products equally.Shimano BoardsRequireda. 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.$36.40$51.40$18.408,200$ 1,000,400ShimanoBoards

ABC assigns indirect costs and overhead to the production process and creates cost pool based on…

Baird Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Basco Boards Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue. $24.20 $30.20 $15.10 4,200 $ 357,000 Shimano Boards $36.40 $ 51.40 $18.40 8,200 $ 1,000,400 Baird allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $55,000 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.

Baird Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Basco Boards Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue. $24.20 $30.20 $15.10 4,200 $ 357,000 Shimano Boards $36.40 $ 51.40 $18.40 8,200 $ 1,000,400 Baird allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $55,000 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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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