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The following variable production costs apply to goods made by Thornton Manufacturing Corporation: Item Cost per unit Materials $ 15.00 Labor 7.50 Variable overhead 0.75
The following variable production costs apply to goods made by Thornton Manufacturing Corporation:
Item | Cost per unit | ||||
Materials | $ | 15.00 | |||
Labor | 7.50 | ||||
Variable overhead | 0.75 | ||||
Total | $ | 23.25 | |||
Required
Determine the total variable production cost, assuming that Thornton makes 6,000, 16,000, or 26,000 units.
Units Produced 6,000 16,000 26,000 Total variable cost
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