Carter Furniture manufactures

 

Carter Furniture manufactures three models of tables: oak, cherry, and walnut. All models are assembled in the same plant and require the same assembling operations. The difference is in the cost of the wood. The following data are available for July.

 

  Oak   Cherry   Walnut   Total
Number of units   1,200       700       900       2,800  
Wood costs per unit $ 80     $ 120     $ 105          
Other costs:                              
Direct labor                         $ 165,000  
Indirect materials                           26,000  
Other overhead                           61,000  
Total                         $ 252,000  
 

Carter uses operations costing and assigns conversion costs on the number of tables built.

Required:

Compute the cost of the each of the three models for July.

 

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