Question
Assume Gasol Company has direct labor costs of $1,096, manufacturing overhead costs of $1,457 and prime costs of $3,242. What is Gasol's direct materials cost?
Assume Gasol Company has direct labor costs of $1,096, manufacturing overhead costs of $1,457 and prime costs of $3,242. What is Gasol's direct materials cost?
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Assume Gasol Company has direct materials cost of $2,661, direct labor costs of $1,018, manufacturing overhead costs of $1,362. What is Gasol's prime cost?
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Leonard, Inc., which uses a volume-based cost system, produces cat condos that sell for $104 each. Direct materials cost $11 per unit, and direct labor costs $23 per unit. Manufacturing overhead is applied at a rate of 180% of direct labor cost. Nonmanufacturing costs are $18 per unit.
What is the gross profit per unit for the cat condos? (Round your answer nearest whole dollar.)
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Job 101 has a direct materials cost of $1,100 and a total manufacturing cost of $2,600. Overhead is applied to jobs at a rate of 100 percent of direct labor cost.
What is the direct labor cost?
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