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Sheridan Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units. The utilities
Sheridan Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $300 and $200, respectively. Production in Units 3000 Production Costs: Direct materials 7500 Direct labour 15000 Utilities 1800 Property taxes 1000 Indirect labour 4500 Supervisory salaries 1800 Maintenance 1100 Depreciation 2400 Calculate the expected costs when production is 5,200 units. (Round per unit calculations to 2 decimal places, e.g. 15.26 and final answer to the nearest whole dollar, e.g. 5,275.)
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