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Panther Corporation has provided the following information: Cost per UnitCost per Period Direct materials$6.25 Direct labor$2.90 Variable manufacturing overhead$1.30 Fixed manufacturing overhead $16,000 Sales commissions$1.50
Panther Corporation has provided the following information: Cost per UnitCost per Period Direct materials$6.25 Direct labor$2.90 Variable manufacturing overhead$1.30 Fixed manufacturing overhead $16,000 Sales commissions$1.50 Variable administrative expense$0.45 Fixed selling and administrative expense $7,500 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units?
Panther Corporation has provided the following information:
Cost per UnitCost per Period
Direct materials$6.25
Direct labor$2.90
Variable manufacturing overhead$1.30
Fixed manufacturing overhead $16,000
Sales commissions$1.50
Variable administrative expense$0.45
Fixed selling and administrative expense $7,500
Required:
a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units?
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