Q.23

Question 23 (6 points) Dreamworks Ltd. produces dream spheres. Projected sales and production for 2021 are as follows: Quarter (Jan - Mar) 30,000 2021 2 3 (Apr - Jun) (Jul - Sep) 33,000 38,000 4 (Oct - Dec) 35,000 Expected Sales (units) Unit Selling Price $75 $75 $75 $75 Expected Production (units) 30,300 33,500 37,700 35,100 Manufacturing overhead consists of variable costs of $9 per unit produced and annual fixed costs of $2,000,000. Selling and administrative expenses consist of sales commissions of 15% of sales and fixed costs of $248,000 per quarter. Required: a) What is the total manufacturing overhead for the first quarter? (Use the space below to show your work) 3 marks b) What are the total Selling, General and Administrative expense for the first quarter? (Use the space below to show your work) 3 marks Paragraph B 00 I UA OP + + . 52 Parta) V Paragraph V B I UA/ 11 OD .. o tv Part a) I Part b)