Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and the...
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Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and the scientific model is the Sci-X. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for June:
Fin XSci XTotal
Number of units 13,000 44,000 57,000
Parts cost per unit $23 $22
Other costs:
Direct labor $55,500
Indirect materials 19,300
Overhead 39,200
Total $114,000
Vermont Instruments uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost per unit of the Fin-X and Sci-X models for June.
Fin XSci XTotal
operation cost xx xx xx
material cost xx xx
total cost xx xx
number of units xx xx
unit cost xx xx
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