Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.
Levels of costs Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs $16,356, and the machine was set up in June for six different production runs. The following information shows the units of output from each of the setups. Product Product Product Setup # #453 #529 #663 1 18,240 2 672 3 12,160 4 27,900 5 60 6 14,240 a. If total machine setup cost is allocated to all units of product, 1. What is the setup cost per unit? Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36). $ 0 2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded unit cost from part (1). Note: Round your final answer to the nearest whole dollar. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 b. If machine setup cost is allocated to each type of product made, . Indicate the total setup costs for each of the company's three products in the following table. Product #453 $ 0 Product #529 0 Product #663 0 Total $ 0 What is the setup cost per unit of Products # 453, 529, and 663? ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36). Setup Cost per Unit roduct #453 $ roduct #529 $ roduct #663 $ 0 0 0 Assume Baldacci Inc. had manufactured all similar products in a single production run. What would total setup costs be during June? $ 0 ndicate the costs per unit for each of the three products in the following table.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Levels of costs
Baldacci Inc. has a casting machine that is used for three of the company's products. Each machine setup costs
$16,356, and the machine was set up in June for six different production runs. The following information shows the
units of output from each of the setups.
Product Product Product
Setup # #453
#529
#663
1
18,240
2
672
3
12,160
4
27,900
5
60
6
14,240
a. If total machine setup cost is allocated to all units of product,
1. What is the setup cost per unit?
Note: Round unit cost to two decimal places (i.e. round $4.355 to $4.36).
$ 0
2. Indicate the total setup costs for each of the company's three products in the following table, using the rounded
unit cost from part (1).
Note: Round your final answer to the nearest whole dollar.
Product #453 $
0
Product #529
0
Product #663
0
Total
$
0
b. If machine setup cost is allocated to each type of product made,
. Indicate the total setup costs for each of the company's three products in the following table.
Product #453 $
0
Product #529
0
Product #663
0
Total
$
0
What is the setup cost per unit of Products # 453, 529, and 663?
ote: Round unit costs to two decimal places (i.e. round $4.355 to $4.36).
Setup Cost per Unit
roduct #453 $
roduct #529 $
roduct #663 $
0
0
0
Assume Baldacci Inc. had manufactured all similar products in a single production run.
What would total setup costs be during June? $ 0
ndicate the costs per unit for each of the three products in the following table.
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