Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data onoperations and costs for March follow.Units producedMachine-hoursDirect labor-hoursDirect materials costsDirect labor costsManufacturing overhead costsTotal costsRequired:Problem 6-64 (Algo) Product Costing (LO 6-2)Required AKA-15Required B600360750Required C$ 85,00016,950KA-244005401,750$ 133,00039,550a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead tothe products.b. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor cost.c. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct material costs to allocate overheadto the products.TotalKie1,0009002,500$ 218,00056,500212,550$ 487,050Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocateoverhead to the products. Required:a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead tothe products.b. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor cost.c. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct material costs to allocate overheadto the products.Required A Required B Required CCompute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocateoverhead to the products.Note: Do not round your intermediate calculations. Round your final answers to 2 decimal places.Product costs per unitKA-15KA-24< Required ARequired B >

Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data on operations and costs for March follow. Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs KA-15 600 360 750 $ 85,000 16,950 oblem 6-64 (Algo) Product Costing (LO 6-2) KA-24 400 540 1,750 $ 133,000 39,550 Total 1,000 900 2,500 $ 218,000 56,500 212,550 $ 487,050 uired: Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to

Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data on operations and costs for March follow. Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs KA-15 600 360 750 $ 85,000 16,950 oblem 6-64 (Algo) Product Costing (LO 6-2) KA-24 400 540 1,750 $ 133,000 39,550 Total 1,000 900 2,500 $ 218,000 56,500 212,550 $ 487,050 uired: Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to

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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