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Total manufacturing cost for the production of 500 units is 1,295,475. Of the prime cost, 45% is Direct Labor while of the conversion costs,
Total manufacturing cost for the production of 500 units is 1,295,475. Of the prime cost, 45% is Direct Labor while of the conversion costs, 1/4 is factory overhead. All direct material and direct labor are variable costs. Factory overhead is 2/3 variable and 1/3 fixed. What is the average manufacturing cost per unit at the 500 units production level?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
