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Question 1o Umo Manufacturing Corp. produces T-shirts to be sold as souvenirs at sporting events throughout the world. A total of 42,000 units were produced
Question 1o Umo Manufacturing Corp. produces T-shirts to be sold as souvenirs at sporting events throughout the world. A total of 42,000 units were produced and sold in 2020. Revenues and costs wee s follows: Sales $1,463,400 Variable costs Direct materials Direct labour Variable manufacturing overhead Variable selling expenses Variable administrative expenses $298,100 135,500 168,020 4,830 64,810 Fixed costs: Fixed manufacturing overhead211,380 Fixed seling expenses 76,700 78,500 manufacturing cost per T-shirt under absorption costing. (Round answer to 5 decimal places e.g1.28124) Calculate the per T-shirt Calculate the manufecturing cost per T-shirt under veriable costing. (Round anewer to S decimal places, o.g. 1.25124) Manufacturing cost
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