Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I have the following wrong: Hardware Kits Direct Labor Total Manufacturing Can anyone help me address this? Manufacturing Cost Budget Hubert Products produces a product
I have the following wrong:
Hardware Kits
Direct Labor
Total Manufacturing
Can anyone help me address this?
Manufacturing Cost Budget Hubert Products produces a product with the following standard costs Unit Costs: Direct materials: Wood: 11 square feet at $24 Hardware kits (screws, etc) Direct labor 0.5 hours at $36 per hour Variable overhead, per unit $264 14 $278 17 Total variable costs per unit $304 $75,000 Fixed costs per month (rent, utilities, supervision) Management plans to produce 9,000 units in April 2017 Prepared a manufacturing cost budget for April 2017. Hubert Products Manufacturing Cost Budget From the Month of April 2017 Direct materials Wood $2,376,000 Hardware kits 278 2,502,000 Direct labor 162,000 Variable overhead Fixed manufacturing overhead 75,000 Total manufacturing costs $5,196,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started