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Simplex Company has the following estimated cests for next year. Direct materials Direct labor $15,000 Sales commissions $55,000 Salary of production supervisor $75,000 Indirect materials

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Simplex Company has the following estimated cests for next year. Direct materials Direct labor $15,000 Sales commissions $55,000 Salary of production supervisor $75,000 Indirect materials $35,000 Advertising expense Rent of factory equipment $5,000 $11,000 Simplex estimates that 10.000 direct labor and 16,000 machine-hours will be worked during the year. If overhead in applied on the basis of machine hours, the overhead rate per hour will be $16,000 Note. Enter numbers only-- do not use a dollar sign (5) or comma

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