Rundle Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue Basco Boards Shimano Boards $ 25.20 $ 31.20 $15.60 5,200 $ 468,000 $ 38.40 $ 53.40 $ 20.40 9,200 $ 1,214,400 Rundle allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $60,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Compute the profit for each product

Rundle Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow: Production costs Direct materials Direct labor Allocated overhead Total units produced and sold Total sales revenue Basco Boards Shimano Boards $ 25.20 $ 31.20 $15.60 5,200 $ 468,000 $ 38.40 $ 53.40 $ 20.40 9,200 $ 1,214,400 Rundle allocates production overhead using activity-based costing. It allocates delivery expense and sales commissions, which amount to $60,000 per quarter, to the two products equally. Required a. Compute the per-unit cost for each product. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Compute the profit for each product

Name: Rundle Boards produces two kinds of skateboards. Selected unit data f
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Description: Rundle Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow:Production costsDirect materialsDirect laborAllocated overheadTotal units produced and soldTotal sales revenueBasco Boards Shimano Boa

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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