Question: 3. please help explain Data table Data table Requirements 1. Compute the manufacturing product cost per unit of each type of bookcase. 2. Suppose that






Data table Data table Requirements 1. Compute the manufacturing product cost per unit of each type of bookcase. 2. Suppose that pre-manufacturing activities, such as product design, were assigned to the standard bookcases at $5 each and to the unfinished bookcases at $4 each. Similar analyses were conducted of post-manufacturing activities such as distribution, marketing, and customer service. The post-manufacturing costs were $21 per standard bookcase and $16 per unfinished bookcase. Compute the full product costs per unit. 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference. 4. What price should Lawton's managers set for unfinished bookcases to earn a net profit of $17 per bookcase? equirement 1. Compute the manufacturing product cost per unit of each type of bookcase. (Enter a "0" for any zero-balances. Requirement 2. Suppose that pre-manufacturing activities, such as product design, were assigned to the standard book each. Similar analyses were conducted of post-manufacturing activities such as distribution, marketing, and customer se standard bookcase and $16 per unfinished bookcase. Compute the full product costs per unit. tquirement 3. Which product costs are reported in the external financial statements? Which costs are used for managemant decision making? Explain the diference. which include , are teported in the financial statements, Manage: , for decisions such as pricing and product h include on's managers set for unfinished bookcases to earn a not profit of $17 per bookcase? Lawton's managers should charge Requirement'4. What price should Lawton's managers set for unfinishnd bookcases to eam a not profit of $17 per bookcase? To earn a net profit of $17 per bookcase. Lawton's managers should charge
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
