Answered step by step
Verified Expert Solution
Question
1 Approved Answer
need help with the cost formulas for this question 341 Amacon.com-Dine Sh TrpAdvinor HERE TO REVIEW LEARNING OB ECTIVES QUESTION 5 Pertaly carrea 343 points
need help with the cost formulas for this question
341 Amacon.com-Dine Sh TrpAdvinor HERE TO REVIEW LEARNING OB ECTIVES QUESTION 5 Pertaly carrea 343 points our or 10.00Pn Cost Formulas Colonial Manufacturing preduces a single product requiring the following direct material and direct labor Cost per Unit of Input Required Amount par Unit of Product Material A Motenial B Meterial C Cutting labor Shaping labar Finishing lebor 59 pound 56/pound $12 / gallon S10/ hour 12/ hour 511/ hour 12 ounces 0.5 gallon 45 minutes 15 minutes 30 minures Manufacturing overhead consists of indirect materials $0.80 per unt of product indirect labor. $10000 per year plus $1.20 per unt af factory maintenance. $1,000 per month plus $o.60 per unit of praduct factory depreciation. $22.000 per year: and annual factory proe $20,000. Seling and adninistrative expenses include the salaries of a sales manager $30.000 per year, an office manager $18.000 per two salespersons each of whom is paid a base salary of $12.000 per year and a commission of $4 per unit sold. Advertising and product are done through a year-round media pockage program costing $600 per w O Type here to searchStep 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