Question: PLEASE ANSWERR :( Direct material Direct labour totally produced Standard model $15/unit $20/dlh (650 DLH) 800 units De Luxe model $15,000 (all) $30/dlh (150 DLH)

PLEASE ANSWERR :(

Direct material Direct labour totally produced

Standard model $15/unit $20/dlh (650 DLH) 800 units

De Luxe model $15,000 (all) $30/dlh (150 DLH) 500 units

assume the traditional costing sytem applied 80,000 $ of overhead costs based on direct labpr hours.

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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