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Blus Jays Corporation has provided the following information Cost per Cost per period Unit $5.60 $3.90 $1.50 Direct material (DM) Direct labor (DL) Variable manufacturing
Blus Jays Corporation has provided the following information Cost per Cost per period Unit $5.60 $3.90 $1.50 Direct material (DM) Direct labor (DL) Variable manufacturing overhead (VMOH) Fixed manufacturing overhead (FMOH) Sales commissions Variable administrative expense Fixed selling and administrative expense $22,500 $0.50 $0.40 $7,500 Instructions: Show all your calculation in details. a) For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units? (5 marks) b) For financial repoting purposes, what is the amount of period costs incurred to sell 5,000 units? (4 marks) c) If the selling price is $23.10 per unit, what is the contribution margin per unit sold? You may round your answer to 2 decinal places. (5 marks) d) If 6,000 units are produced, what is the toal amount of direct manufacturing cost incurred? (3 marks) e) If 6,000 units are produced, what is the toal amount of indirect manufacturing cost incurred
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