Answered step by step
Verified Expert Solution
Question
1 Approved Answer
BIBIE Emphasis Heading 1 I Normal Strong Subtitle Title 1 No Spac... Paragraph Styles 4. Teddy's To Hug produces Teddy Bears for heart patients. Last
BIBIE Emphasis Heading 1 I Normal Strong Subtitle Title 1 No Spac... Paragraph Styles 4. Teddy's To Hug produces Teddy Bears for heart patients. Last month the company produced 5,000 bears. Using elevant cost information, determine the product unit cos for one bear based on the following costs: production facility utilities, $600; production machinery (at cost) $15,000; depreciation on production equipment, $550; indirect materials, $450, direct materials, $1,300; indirect labor, $900, direct labor, $2,500; sales commissions, $3,000, president's salary, $5,000, insurance on production facility, $700, advertising expense, $600, rent on production facility, $5,000, rent on sales office, $3,000, and legal expense, $300. Carry your answer to two decimal places 5. Pretty Pillows, Mfg., manufactures silk throw pillows. Last month the company produced 3.890 pillows. Determine the product unit cost for one pillow based on the following costs: production facility utilities, $1,600; depreciation on production equipment, $650; indirect materials, $400: direct materials, $5,300 indirect labor, $1,000; direct labor, $3,500, sales commissions, $4,000; president's salary, $8,000; insurance on production facility. $1,000; advertising expense, $900, rent on production facility, $6,000; rent on sales office, $4,000; and legal expense, $600. Carry your answer to two decimal places
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started