Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in oneof the WRC factories. Both models require the same assembling operations. The difference between the models is the cost ofmaterials. The following data are available for the second quarter.Number of bikes assembledMaterials cost per bikeOther costs:Direct laborDepreciation and leaseSupervision and controlFactory administrationMaterial costOperation costTotal costUnit costCoaster770$638CoasterRequired:Witt Recreation Company uses operations costing and assigns conversion costs based on the the direct materials costs. Compute thecost of each model assembled in the second quarter.Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.Traveler470$ 1,280TravelerTotal1,240$$$305,000396,000257,000346,000Total00

Name: Witt Recreation Company (WRC) makes e-bikes. The company currently ma
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Description: Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in oneof the WRC factories. Both models require the same assembling operations. The difference between the models is the cost o

calculation of cost of each model assembled in second quarter are as follows

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Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter. Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration antonte Coaster 770 $638 Coaster Traveler 470 $ 1,280 Required: Witt Recreation Company uses operations costing and assigns conversion costs based on the the direct materials costs. Compute the cost of each model assembled in the second quarter. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. Traveler Total 1, 240 $ 305,000 396,000 257,000 346,000 Total

Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter. Number of bikes assembled Materials cost per bike Other costs: Direct labor Depreciation and lease Supervision and control Factory administration antonte Coaster 770 $638 Coaster Traveler 470 $ 1,280 Required: Witt Recreation Company uses operations costing and assigns conversion costs based on the the direct materials costs. Compute the cost of each model assembled in the second quarter. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. Traveler Total 1, 240 $ 305,000 396,000 257,000 346,000 Total

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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