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Hello, Can I get helo with this. Costello Corporation manufactures a single product. The standard cost per unit of product is shown below Direct materials-2

Hello,

Can I get helo with this.

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Costello Corporation manufactures a single product. The standard cost per unit of product is shown below Direct materials-2 pound plastic at $6.70 per pound Direct labor-1.50 hours at $11.00 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $13.40 16.50 9.00 12.00 $50.90 The predetermined manufacturing overhead rate is $14 per direct labor hour ($21.00 1.50). It was computed from a master manufacturing overhead budget based on normal production of 8,250 direct labor hours (5,500 units) for the month. The master budget showed total variable costs of $49,500 ($6.00 per hour) and total fixed overhead costs of $66,000 ($8.00 per hour). Actual costs for October in producing 3,300 units were as follows Direct materials (6,760 pounds) Direct labor (4,810 hours) Variable overhead Fixed overhead 46,779 54,401 53,220 17,930 $172,330 Total manufacturing costs The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored

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