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Exercise 19-19 Crate Express Co. produces wooden crates used for shipping products by ocean liner. In 2017, Crate Express incurred the following costs. Wood used
Exercise 19-19 Crate Express Co. produces wooden crates used for shipping products by ocean liner. In 2017, Crate Express incurred the following costs. Wood used in crate production Nails (considered insignificant and a variable expense) Direct labor Utilities for the plant: $56,000 $540 $44,900 $1,500 each month, plus $0.40 for each kilowatt-hour used each month Rent expense for the plant for the year Assume Crate Express used an average 600 kilowatt-hours each month over the past year. (a) What is Crate Express's total manufacturing cost if it uses a variable costing approach? Total manufacturing costss (b) What is Crate Express's total manufacturing cost if it uses an absorption costing approach? Total manufacturing costs s Click if you would like to Show Work for this question: Open Show Work $24,700
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