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I got 90% of the answers wrong. Can you please solve the exercise for every blue box and explain how to get to the answer?
I got 90% of the answers wrong. Can you please solve the exercise for every blue box and explain how to get to the answer?
BS&T Partners has developed a new hubcap with the model name Spinnin' Wheel. Production and sales started August 3. As of August 2, there were no direct materials in inventory. Data for the month of August include the following: Required: Complete the following table. (Round intermediate calculations to 2 decimal places.) $ 9.50 5,085 hours $ 20.00 $ 8.25 13.00 $ Direct labor cost per unit Direct labor-hours worked, August Direct labor wage rate per direct labor-hour Direct materials cost per unit Direct materials cost per pound of direct material Direct materials inventory (cost), August 31 Direct materials inventory (pounds), August 31 Finished goods inventory (cost), August 31 Finished goods inventory (units), August 31 Manufacturing overhead cost per unit Operating profit, August Production (units), August Sales revenue, August Sales (units), August Sales price per unit Selling, general, and administrative costs per unit 6,240 480 pounds 25,725 700 units $ $ 19.00 $ 63,000 10,705 units 609,000 10,005 units $ $ 605.97 15.25Step by Step Solution
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