Exercise 6-55 (Algo) Operations Costing (LO 6-4) 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. Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration Operation cost Materials cost Total cost Unit cost Required: Witt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in the second quarter. Note: Do not round intermediate calculations. Round your final answers to nearest whole number. $ Coaster Traveler 750 450 $1,220 $ 644 Coaster 644 S Traveler Total 1,200 1,220 $ $ 321,000 404,000 269,000 362,000 Total 1,864
Exercise 6-55 (Algo) Operations Costing (LO 6-4) 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. Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration Operation cost Materials cost Total cost Unit cost Required: Witt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in the second quarter. Note: Do not round intermediate calculations. Round your final answers to nearest whole number. $ Coaster Traveler 750 450 $1,220 $ 644 Coaster 644 S Traveler Total 1,200 1,220 $ $ 321,000 404,000 269,000 362,000 Total 1,864
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Exercise 6-55 (Algo) Operations Costing (LO 6-4)
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.
Number of bikes assembled
Materials cost per bike
Other costs:
Direct labor
Depreciation and lease
Supervision and control
Factory administration.
Operation cost
Materials cost
Total cost
Unit cost
Required:
Witt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute
the cost of each model assembled in the second quarter.
Note: Do not round intermediate calculations. Round your final answers to nearest whole number.
$
Coaster Traveler
750
450
$1,220
$ 644
Coaster
644 S
Traveler
Total
1,200
1,220 $
$ 321,000
404,000
269,000
362,000
Total
1,864
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