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Question 10 Limo Manufacturing Corp. produces T-shirts to be sold as souvenirs at sporting events throughout the world. A total of 388,000 units were produced
Question 10 Limo Manufacturing Corp. produces T-shirts to be sold as souvenirs at sporting events throughout the world. A total of 388,000 units were produced and sold in 2020 Revenues and costs were as follows: Sales $1,086,400 Variable costs Direct materials Direct labour Variable manufacturing overhead Variable selling expenses Variable administrative expenses $174,600 116,400 116,400 65,830 63,100 Fixed costs: Fixed manufacturing overhead Fixed selling expenses Fixed administrative expenses 159,080 75,200 78,900 Calculate the manufacturing cost per T-shirt under absorption costing. (Round answer to 5 decimal places, e.g. 1.25124.) Manufacturing cost $ per T-shirt LINK TO TEXT Calculate the manufacturing cost per T-shirt under variable costing. (Round answer to 5 decimal places, e.g. 1.25124.,) Manufacturing cost $ per T-shint
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