(Answered) Question - s lee enterprises produces two models of lawn

Accounting

Question - S. Lee Enterprises produces two models of lawn tractor: SL1 and SL2. The models are both produced in the company's Louisville factory and go through identical assembly operations. The difference is in the quality (hence, cost) of the parts used. The following data are available for November, the latest month for which information is available:

	SL1	SL2	Total
Number assembled	1,450	1,950	3,400
Materials cost per tractor	$1,900	$2,400
Other costs:
Direct labor			$2,200,000
Supplies			680,000
Other overhead			3,580,000

Required: S. Lee Enterprises uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in November.

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