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TroutPro Co. manufactures fishing equipment. During 2016, total costs associated with manufacturing 16,000 fly-cast fishing rods (a new product introduced this year) were as follows:
TroutPro Co. manufactures fishing equipment. During 2016, total costs associated with manufacturing 16,000 fly-cast fishing rods (a new product introduced this year) were as follows:
Raw materials | $ | 67,700 | |
Direct labor | 18,100 | ||
Variable manufacturing overhead | 11,900 | ||
| c-1. Express the fishing rod cost in a cost formula. (Round your answers to 2 decimal places.)
c-2. What does this formula suggest the total cost of making an additional 325 fishing rods would be? (Round your intermediate calculations and final answer to 2 decimal places.)
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