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19. Trophy Corp . manufactures sports trophies . During 202 1 , total costs associated with manufacturing 15,000 trophies were as follows: Raw materials =
19. Trophy Corp. manufactures sports trophies. During 2021, total costs associated with manufacturing 15,000 trophies were as follows:
Raw materials = $62,100
Direct labor = $16,500
Variable overhead = $11,250
Fixed overhead = $18,000
(a.) Calculate the cost per trophy under both absorption and variable costing.
(b.) Express the cost of the trophies in a cost formula (Y=a + bX).
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