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solutions in excel format pls Toledo Toy Company incurred the following costs during 20x4. The company sold all of its products manufactured during the year.
solutions in excel format pls Toledo Toy Company incurred the following costs during 20x4. The company sold all of its products manufactured during the year. Direct Materials P 5,000,000 Direct Labor 3,500,000 Manufacturing Overhead: Utilities (primarily electricity) 250,000 Depreciation Plant and Equipment 350,000 Insurance 260,000 Supervisory Salary 470,000 Property Taxes 330,000 Selling Cost: Advertising 315,000 Sales Commission 145,000 Administrative Costs: Salaries of Top management 580,000 70,000 Office Supplies Depreciation on Building and Equipment 140,000 During 20x4, the company operated at about half of its capacity, due to a slowdown in the economy. Prospects for 20x5 are slightly better. Jared Lowes, the marketing manager, forecasts a 30 percent growth in sales over the 20x4 level How much is the total variable cost of Toledo Toy Company in 20x4? O P8,895,000 O P8,750,000 O P8,645,000 O P8,500,000
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