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 S Coaster 750 $639 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. $ $ Traveler 450 $1,215 479,250 $ 622,184 1,101.434 S 1.469 $ Total 1,200 Answer is complete but not entirely correct. Coaster Traveler Total 1,026,000 $ 315,000 398,000 263,000 356,000 546,750 $ 709,816 1,256,566 C 2,792
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 S Coaster 750 $639 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. $ $ Traveler 450 $1,215 479,250 $ 622,184 1,101.434 S 1.469 $ Total 1,200 Answer is complete but not entirely correct. Coaster Traveler Total 1,026,000 $ 315,000 398,000 263,000 356,000 546,750 $ 709,816 1,256,566 C 2,792
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
750
$639
is
Traveler
450
$1,215
479,250 $
622,184
1,101,434
S
1,469 $
Total
1,200
Answer is complete but not entirely correct.
Coaster
Traveler
Total
1,026,000
$ 315,000
398,000
263,000
356,000
546,750 $
709,816
1,256,566 C
2,792
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