Question
The following information is available for product H57. Direct material costs $48.00 per unit of product Costs of machining $37.50 per machine hour Costs of
The following information is available for product H57.
Direct material costs $48.00 per unit of product
Costs of machining $37.50 per machine hour
Costs of packing $12.50 per carton packed
The firm applies 60% mark-up on costs.
What is the total full cost of an order for 1000 units of product H57 which will use 65 machine hours and 45 cartons?
| a. | $50 437.50 | |
| b. | $48 562.50 | |
| c. | None of the answers is correct | |
| d. | $51 000.00 | |
| e. | $48 000.00 |
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Using QuickBooks Accountant 2018 For Accounting
Authors: Glenn Owen
16th Edition
0357042085, 9780357042083
