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Dreamworks Ltd. produces dream spheres. Projected sales and production for 2021 are as follows: Quarter 1 (Jan - Mar) 2021 2 3 (Apr - Jun)
Dreamworks Ltd. produces dream spheres. Projected sales and production for 2021 are as follows: Quarter 1 (Jan - Mar) 2021 2 3 (Apr - Jun) (Jul - Sep) 33,000 38,000 4 (Oct-Dec) Expected Sales (units) 30.000 35,000 Unit Selling Price $75 $75 $75 $75 Expected Production (units) 30,300 33,500 37.700 35,100 Manufacturing overhead consists of variable costs of $9 per unit produced and annual fixed costs of $2.000.000. Selling and administrative expenses consist of sales commissions of 15% of sales and fixed costs of $248,000 per quarter. Required: a) What is the total manufacturing overhead for the third quarter? (Use the space below to show your work) 3 marks b) What are the total Selling, General and Administrative expense for the third quarter? (Use the space below to show your work) 3 marks Paragraph B I Ur A + 00 Part a) Part b)
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