Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Question 7 12 points Save Question 3 (12 marks) Evans Recycle plans to produce 1.500 recycle bins during April. Each bin requires 1.7 kilograms of

image text in transcribed

Question 7 12 points Save Question 3 (12 marks) Evans Recycle plans to produce 1.500 recycle bins during April. Each bin requires 1.7 kilograms of plastic and 0.1 hours of direct labour. Plastic costs $2.15 per kilogram. Evans pays its employees $12.50 per hour. Manufacturing overhead is applied a a r s to have 550 kilograms in ending inventory. ate of 150% of direct labour costs Finished plastic lids are purchased separately from another supplier. Evans has 400 kilograms of plast in beginning inventory and wan Fill in the blanks below using the information above A. How many kilograms of plastic direct materials should Evans plan to buy during April? B. How much should Evans budget for direct labour for April? S ounded to the nearest S1 rounded to the nearest $.001 C. How much manufacturing overhead will be charged to each recycle bin in Apri? S2812 500 D. What is the cost per unit of the bins produced in April? rounded to the nearest $01

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started