Required:a. Compute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor-hours to allocate overhead tothe products.b. Compute the individual product costs per unit assuming that Kilbourne Appliances uses machine-hours to allocate overhead to theproducts.Required A Required BCompute the individual product costs per unit assuming that Kilbourne Appliances uses direct labor-hours to allocateoverhead to the products. (Do not round your intermediate calculations. Round your final answers to 2 decimal places.)KA-15Product costs per unit.KA-24Required ARequired B > !Required information[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 producedMachine-hoursDirect labor-hoursDirect materials costsDirect labor costsManufacturing overhead costs.Total costsKA-15600360750$ 80,00016, 200$KA-244005401,750128,00037,800Total1,0009002,500$ 208,00054,000202,800$ 464,800

Product costing is the process of calculating the costs incurred with manufacturing a single…

! Required information [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 KA-15 600 360 750 $ 80,000 16, 200 KA-24 400 540 1,750 $ 128,000 37,800 Total 1,000 900 2,500 $ 208,000 54,000 202, 800 $ 464,800

! Required information [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 KA-15 600 360 750 $ 80,000 16, 200 KA-24 400 540 1,750 $ 128,000 37,800 Total 1,000 900 2,500 $ 208,000 54,000 202, 800 $ 464,800

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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