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This is my final so please please double double check the check on him MinnesotaMinnesota Office Products (MOP) produces three different paper products at its
This is my final so please please double double check the check on him
Homework: Assignment 2: Chpt 2 Intro. to Cost. Terms Score: 0 of 20 pts HW Score: 0%, 0 of 100 pt Clear All Homework: Assignment 2: Chpt 2 Intro. to Cost. Terms Score: 0 of 20 pts HW Score: 0%, 0 of 100 pt Clear All MinnesotaMinnesota Office Products (MOP) produces three different paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular. Each product has its own dedicated production line at the plant. It currently uses the following three-part classification for its manufacturing costs: direct materials, direct manufacturing labor, and manufacturing overhead costs. Total manufacturing overhead costs of the plant in July 2017 are $ 150 million ($ 15 million of which are fixed). This total amount is allocated to each product line on the basis of the direct manufacturing labor costs of each line. Summary data (in millions) for July 2017are as follows:
Requirement 1. Compute the manufacturing cost per unit for each product produced in July 2017.
Begin by determining the formula needed to calculate the total manufacturing cost per unit.
ANSWER:
" " / " " = Total manufacturing cost per hour
REQUIREMENTS
1)Compute the manufacturing cost per unit for each product produced in July 2017
2) Suppose that, in August 2017, production was 150 million units of Supreme, 190 million units of Deluxe, and 220220 million units of Regular. Why might the July 2017 information on manufacturing cost per unit be misleading when predicting total manufacturing costs in August 2017?
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