Question
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
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)
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Auditing And Assurance Theory And Practice
Authors: Clifford Gomez
1st Edition
8120345665, 978-8120345669
