Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter.   Coaster Traveler Total Number of bikes assembled 750 450 1,200 Materials cost per bike $ 625 $ 1,201   Other costs:       Direct labor     $ 298,200 Depreciation and lease     381,200 Supervision and control     246,200 Factory administration     339,200 Required: Witt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in the second quarter.

Principles of Accounting Volume 2
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Chapter6: Activity-based, Variable, And Absorption Costing
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Problem 13EA: Tri-bikes manufactures two different levels of bicycles: the Standard and the Extreme. The total...
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Witt Recreation Company (WRC) makes e-bikes. The company currently manufactures two models, the Coaster and the Traveler, in one of the WRC factories. Both models require the same assembling operations. The difference between the models is the cost of materials. The following data are available for the second quarter.

  Coaster Traveler Total
Number of bikes assembled 750 450 1,200
Materials cost per bike $ 625 $ 1,201  
Other costs:      
Direct labor     $ 298,200
Depreciation and lease     381,200
Supervision and control     246,200
Factory administration     339,200

Required:

Witt Recreation Company uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in the second quarter.

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