Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. 40,000 units of a product were manufactured. Total product cost (DM+DL+FO) for the 40,000 finished products was $1,650,000. Direct Materials (DM) cost for the

. 40,000 units of a product were manufactured. Total product cost (DM+DL+FO) for the 40,000 finished products was $1,650,000. Direct Materials (DM) cost for the 40,000 units sold was $22 per unit. Factory Overhead (FO) cost was applied at a rate of 40% (0.40) of DL cost. Calculate the total Direct Labor (DL) Cost to manufacture the 40,000 finished units of this product (round to nearest $1).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fraud Data Analytics Methodology

Authors: Leonard W Vona

1st Edition

111918679X, 9781119186793

More Books

Students also viewed these Accounting questions

Question

Would you be willing to work with them?

Answered: 1 week ago

Question

6. How can a message directly influence the interpreter?

Answered: 1 week ago