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Company XYZ produces Little Bots. In producing 5,000 units last month, the company consumed: 10,000 hours of manufacturing labor at $23/hr. 2,500 ounces of paint
Company XYZ produces Little Bots. In producing 5,000 units last month, the company consumed:
10,000 hours of manufacturing labor at $23/hr.
2,500 ounces of paint at $10/ounce
Manufacturing Overhead of $33,400
Monthly Depreciation = $52,763
Create a cost prediction formula and estimate cost if the company were to produce 7,324 units next month
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