Question
Assume that the dollar amounts given above are for the equivalent of 40,000 units produced and sold during the year. Calculate the following: a. Average
Assume that the dollar amounts given above are for the equivalent of 40,000 units produced and sold during the year. Calculate the following: a. Average material cost per unit b. Average labor cost per unit c. Average manufacturing overhead per unit d. Average total cost per unit
4. Assume that in the following year the company expects to produce and sell 50,000 units and manufacturing overhead is fixed. Remember, direct materials and direct labor are variable costs. Calculate the following: a. Average material cost per unit and total material cost b. Average labor cost per unit and total labor cost c. Average manufacturing overhead per unit and total manufacturing overhead cost d. Average total cost per unit
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