Vermont Instruments manufactures two models of calculators. The fiancé model is the Fin-X and the scientific model is the Sc-X. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for June: Fin-X Sci-X Total Number of units 12,000 40,000 52,000 Parts cost per unit $25 $23 Other costs: Direct labor $53,000 Indirect materials 18,000 Overhead 85,000 Total $156,000 Required: Vermont Instruments uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost per unit of the Fin-X and Sci-X models for June. Fin-X Sci-X Total Operation cost ________ ________ Materials cost ________ ________ Total cost _________ ________ Number of units _________ ________ Unit cost _________ ________
Vermont Instruments manufactures two models of calculators. The fiancé model is the Fin-X and the scientific model is the Sc-X. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for June:
Fin-X Sci-X Total
Number of units 12,000 40,000 52,000
Parts cost per unit $25 $23
Other costs:
Direct labor $53,000
Indirect materials 18,000
Total $156,000
Required:
Vermont Instruments uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost per unit of the Fin-X and Sci-X models for June.
Fin-X Sci-X Total
Operation cost ________ ________
Materials cost ________ ________
Total cost _________ ________
Number of units _________ ________
Unit cost _________ ________
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