Question: Direct material Direct labour totally produced Standard model $15/unit $20/dlh 800 units De Luxe model $15,000 (all) $30/dlh 500 units Calculate the full costs of

Direct material Direct labour totally produced

Standard model $15/unit $20/dlh 800 units

De Luxe model $15,000 (all) $30/dlh 500 units

Calculate the full costs of both models under traditional and ABC system

Determine the selling price for the De Luxe model, if profit margin on selling price (markup on sales) is 25% for Traditional and ABC costing. Compare and comment.

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