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account analysis classification for the year ended December 31, 2020 . (Click the icon to see the aceount irformation) Hamwey, Inc. preduced 75,000 unts of

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account analysis classification for the year ended December 31, 2020 . (Click the icon to see the aceount irformation) Hamwey, Inc. preduced 75,000 unts of product in 2000. Hamwey's management is estimasing conts for 2021 en the bass of 2000 numbers. The following additona information is avalable for 2021 (1) (Clck the icon to see ithe asstonal information) Read the requiremants Requirement 1. Prepare a schedile of vanabie, fxed, and total manulacturng costs for aach account cabigery in 2021, Estmate soal manulacturing costs for zoa t To aseist you, tegin by selecting the formula to calculate the varable cest for cach acsount in 202t. Data table 31 2020 More info a. Drest maleials prces in 2021 are expected to increase by 6% compored wat 2020 . b. Under the lems of the labor contract, drect mansfacturng laber wage rates are expected to incrase ty 6% in 2021 compared wh 2020 . c. Power rates and wage rates for supervision, materials handing, and mantenance are not eapectod to change frem 2020 to 2021 d. Depreciation costs are eapected io increase ty 10%, and rent properfy trees, and administration costs are expected io increase ty 9%. 4. Hameey eapects to mancfacture and sell a2,500 unts in 2007 . 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2021. Estimate total manufacturing costs for 2021. 2. Calculate Hamwey's total manufacturing cost per unit in 2020 , and estimate total manufacturing cost per unit in 2021. 3. How can you obtain better estimates of fixed and variable costs? Why would these better estimates be useful to Hamwey

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