Sodowsky Manufacturing, Inc., produces brightly colored clog-style shoes. For next year, CORNERSTONE 2-1 Sodowsky predicts that 150,000

Question:

Sodowsky Manufacturing, Inc., produces brightly colored clog-style shoes. For next year, CORNERSTONE 2-1 Sodowsky predicts that 150,000 units will be produced, with the following total costs:image text in transcribed

Required:
1. Calculate the prime cost per unit.
2. Calculate the conversion cost per unit.
3. Calculate the total variable cost per unit.
4. Calculate the total product (manufacturing) cost per unit.
5. What ifthe number of units increased to 165,000 and all unit variable costs stayed the same? Explain what the impact would be on the following costs: total direct materials, total direct labor, total variable overhead, total fixed overhead, unit prime cost, unit conversion cost. What would the product cost per unit be in this case?LO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Cost Accounting

ISBN: 9780538749633

1st International Edition

Authors: Don R. Hansen, Maryanne Mowen, Liming Guan, Mowen/Hansen

Question Posted: