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Benoit, Inc, a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2020 (Click
Benoit, Inc, a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2020 (Click the icon to see the account information) Benoit te produced 70.000 units of product in 2520 Benos management setting costs for 2021 on the basis of 2020 numbers The blowing additional information avalable for 2021 CHD Click the icon to see the additional information) Read the m Requirement 1. Prepare a schedule of variable, faxed, and total manufacturing costs for each account category in 2021 Estimate total manufacturing costs 2021 To assist you. begin by selecting the formula to calculate the variable cost for each account in 2021 10 ext pages Get more help- cost in 2021 Clear all Check answer Data table the icon to see the additional inform ents - X Account Classification Amount Direct materials All variable $ 350,000 .Prepare a Direct manufacturing labor All variable 280,000 otal manufacturing costs for 20 begin by sel Power All variable 70,000 Supervision labor 15% variable 70,000 unit Materials-handling labor 60% Variable 52,500 021 Maintenance labor 50% variable 70,000 Depreciation 0% variable 90,000 Rent, property taxes, and administration 0% variable 115.000 more heln. Print Done Clear all epare a by sel - X Requirements 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 Benoit'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 Benoit? otal manufacturin unit 021 Print Done
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