Save Homework: Chapter 10 Homework Score: 0 of 3 pts E10-26 (similar to) 2 of 4 (1 complete) HW Score: 3%, 0.3 of 10 pts Question Help Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 (Click the icon to see the account information.) Gower, Inc. produced 77,500 units of product in 2017 Gower's management is estimating costs for 2018 on the basis of 2017 numbers. The following additional information is available for 2018 (Click the icon to see the additional information.) Read the requirements Requirement 1. Prepare a schedule of variable, faced, and total manufacturing costs for each account Category in 2018. Estimate total manufacturing costs for 2018. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2018 Data Table Variable unit ) - cost in 2018 Account 0 More Info a. Direct materials prices in 2018 are expected to increase by 4% compared with 2017 b. Under the terms of the labor contract direct manufacturing labor wage rates are expected to increase by 12% in 2018 compared with 2017 c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to change from 2017 to 2018 d. Depreciation costs are expected to increase by 8%, and rent, property taxes, and administration costs are expected to increase by 8% e. Gower expects to manufacture and sell 85,000 units in 2018 Direct materials Direct manufacturing labor Power Supervision labor Materials-handling labor Maintenance labor Depreciation Rent, property taxes, and administration Classification All variable $ All variable All variable 25% variable 60% variable 50% variable 0% variable 0% variable Amount 271,250 193,750 19,375 31,000 62,000 69.750 105,000 115,000 Print Done Print Done Choose from any drop-down list and then click Check Answer O parts Fernaning Clear All Check