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Paver Manufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory. Costs involved in production are: Direct material
Paver Manufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory. Costs involved in production are: Direct material $6.00 Direct labor 4.00 Variable manufacturing overhead 3.00 Total variable manufacturing costs per unit $13.00 Fixed manufacturing overhead per year $208,000 In addition, the company has fixed selling and administrative costs of $152,700 per year. During the year, Paver produces 52,000 snow shovels and sells 46,950 snow shovels
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