Question
4. Murray Manufacturing produces three products. The products identified costs are as follows: Product A Product B Product C Direct Materials $20,000 $16,000 $34,000 Direct
4. Murray Manufacturing produces three products. The products identified costs are as follows:
|
| Product A | Product B | Product C |
| Direct Materials | $20,000 | $16,000 | $34,000 |
| Direct Labor | $13,000 | $12,000 | $15,000 |
The companys overhead costs $220,000 are allocated based on direct costs. Assume that 8,000 units of Product A, 10,000 units of Product B, and 16,000 units of Product C are produced.
a. What is the total amount of production costs that will be accumulated for each product line?
b. What is the cost per unit for each product line?
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Standard For Auditing Computer Applications
Authors: Martin A. Krist
2nd Edition
0849399831, 978-0849399831
