Required information Problem 6-64 and 6-65 (Algo) Product Costing (LO 6-2) The The following information applies to the questions displayed below.] 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 Required A KA-15 Required B 600 360 750 $ 75,000 15,450 Required C KA 24 400 548 1,750 $ 123,000 36,050 Problem 6-64 (Algo) Product Costing (LO 6-2) Required: a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. Total 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 overhead to the products. 1,000 900 2,500 $ 198,000 51,500 193,850 $ 442,550
Required information Problem 6-64 and 6-65 (Algo) Product Costing (LO 6-2) The The following information applies to the questions displayed below.] 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 Required A KA-15 Required B 600 360 750 $ 75,000 15,450 Required C KA 24 400 548 1,750 $ 123,000 36,050 Problem 6-64 (Algo) Product Costing (LO 6-2) Required: a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to the products. Total 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 overhead to the products. 1,000 900 2,500 $ 198,000 51,500 193,850 $ 442,550
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
Problem 6-64 and 6-65 (Algo) Product Costing (LO 6-2)
The following information applies to the questions displayed below.]
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
Required A
KA-15
Required B
600
360
Required C
750
$ 75,000
15,450
KA 24
400
548
1,750
$ 123,000
36,050
Problem 6-64 (Algo) Product Costing (LO 6-2)
Required:
a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to
the products.
Total
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 overhead
to the products.
1,000
900
2,500
$ 198,000
51,500
193,850
$ 442,550](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcaf1eba9-5e5f-4652-9bd1-56b23f9beaf1%2F59cc0f73-e492-4717-8c14-e1077e879790%2F5n6yxd9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
Problem 6-64 and 6-65 (Algo) Product Costing (LO 6-2)
The following information applies to the questions displayed below.]
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
Required A
KA-15
Required B
600
360
Required C
750
$ 75,000
15,450
KA 24
400
548
1,750
$ 123,000
36,050
Problem 6-64 (Algo) Product Costing (LO 6-2)
Required:
a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses the number of units to allocate overhead to
the products.
Total
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 overhead
to the products.
1,000
900
2,500
$ 198,000
51,500
193,850
$ 442,550
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