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Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 380, 360, 432, 392, and 460 respectively. Each
Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 380, 360, 432, 392, and 460 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $19 per hour. The company's variable overhead is $8 per unit produced and its fixed overhead is $5,900 per month. Use the information presented to complete the requirements. The drone toy includes 3 LED lights, which cost $15 each. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in tl Required 1 Required 2 Determine Galactic's budgeted manufacturing cost per drone your answer to 2 decimal places Manufacturing cost per unit 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in t Required 1 Required 2 Determine Galactic's budgeted cost of goods sold for January Jan Feb Budgeted Cost of Goods Sold < Required 1
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