Excel McGraw Hill Excel Question - Saved Search (Option + Q) File Home Insert Draw Formulas Data Review View Help Editing Calibri BA General A1 1 fx Accessibility tab summary: Product information for Wess Company is presented in cells A5 to C8. A statem B C D E 2 Wess Company has limited capacity and can produce either its standard product or its deluxe 3 product. Additional information follows. 4 5 Per Unit 6 Selling price 7 Direct materials 8 Direct labor 9 10 Required: Standard Deluxe $60 $90 30 35 20 20 25 11 1. Using a single plantwide rate, the company computes overhead cost per unit of $15 for the 12 standard model and $20 for the deluxe model. Which model should the company produce? Hint: 13 Compute product cost per unit and compare that with selling price to get gross profit per unit. 14 15 16 17 (Use cells A5 to C8 from the given information to complete this question. A negative 18 gross profit should be indicated with a minus sign.) 19. 20 Product cost per unit: Direct materials Direct Labor Overhead Product Cost per unit 21 Standard 22 Deluxe 23 24 Gross profit per unit: Selling price Product cost Gross profit 25 Standard 26 Deluxe 27 28 Which model should the company produce? F G Plantwide OH rate OH per Unit Deluxe OH per Unit $15 $20