Question: Please answer the question Exercise 7-11 (Algo) Second-Stage Allocation and Margin Calculations [LO7-4, LO7-5] Foam Products, Incorporated, makes foam seat cushions for the automotive and
Exercise 7-11 (Algo) Second-Stage Allocation and Margin Calculations [LO7-4, LO7-5] Foam Products, Incorporated, makes foam seat cushions for the automotive and aerospace industries. The company's activity-based costing system has four activity cost poois, which are listed below along with their activity measures and activity rates: The company just completed a single order from Interstate Trucking for 2,600 custom seat cushions, The order was produced in four batches. Each seat cushion required 0.6 direct labor-hours. The selling price was $142.00 per unit, the direct materials cost was $103 per unit, and the direct labor cost was $13,60 per unit. This was Interstate Trucking's only order during the year. Required: Calculate the customer margin on sales to interstate Trucking for the year. Exercise 7-11 (Algo) Second-Stage Allocation and Margin Calculations [LO7-4, LO7-5] Foam Products, Incorporated, makes foam seat cushions for the automotive and aerospace industries. The company's activity-based costing system has four activity cost poois, which are listed below along with their activity measures and activity rates: The company just completed a single order from Interstate Trucking for 2,600 custom seat cushions, The order was produced in four batches. Each seat cushion required 0.6 direct labor-hours. The selling price was $142.00 per unit, the direct materials cost was $103 per unit, and the direct labor cost was $13,60 per unit. This was Interstate Trucking's only order during the year. Required: Calculate the customer margin on sales to interstate Trucking for the year
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