Carter Furniture Manufactures Three Models of Tables: Oak, Cherry, and Walnut

Essay

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.
$\begin{array}{llr}&\text { Oak } & \text { Cherry}& \text { Walnut } & \text { Total }\\ \text { Number of units } &1,200&700&900&2,800\\ \text { Wood costs per unit } &\$80&\$120&\$105\\ \text { Other costs: } &\\ \text {Direct labor } &&&&\$165,000\\ \text {Indirect materials } &&&&26,000\\ \text { Other overhead } &&&&61,000\\ \text { Total} &&&&\$252,000\\\end{array}$

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.