Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity: Variable costs: Direct materials used $

Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity:

Variable costs:
Direct materials used $ 1,044,000
Direct labor 2,011,000
Indirect materials and supplies 230,000
Power to run plant equipment 212,000
Fixed costs:
Supervisory salaries 937,000
Plant utilities (other than power to run plant equipment) 291,000
Depreciation on plant and equipment (straight-line, time basis) 141,000
Property taxes on building 200,000

Required:

Unit variable costs and total fixed costs are expected to remain unchanged next month. Calculate the unit cost and the total cost if 21,000 units are produced next month. (Round "Unit costs" to 2 decimal places.)

Total variable costs
Total fixed costs $1,569,000
Total costs
Unit costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Control And Audit

Authors: Angel R. Otero

5th Edition

1498752284, 9781498752282

More Books

Students also viewed these Accounting questions

Question

What is the difference between Basel I, Basel II, and Basel III?

Answered: 1 week ago

Question

Discuss global compensation practices.

Answered: 1 week ago

Question

Summarize global staffing practices.

Answered: 1 week ago

Question

Discuss the evolution of global business.

Answered: 1 week ago