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Tucker Inc. is preparing its Finished Good Inventory Budget for the Quarter based on the following production in units. Overhead is applied to units of
Tucker Inc. is preparing its Finished Good Inventory Budget for the Quarter based on the following production in units. | ||||
Overhead is applied to units of product on the basis of direct labour hours | ||||
The Production costs per unit are as follows | ||||
Direct materials is $2.00 per unit | ||||
Direct labour requires 0.05 hours per unit and direct labour is budgeted at $11 per hour | ||||
Total Manufacturing Overhead for the quarter is $250,000 and the total labour hours required are 5,000 hours | ||||
Ending inventory is 5,000 units | ||||
(no commas, no $ in answer, use 2 decimal places in answers 1-3) |
What is the unit cost for Direct labour |
What is the unit cost for Manufacturing overhead |
What is the total cost per unit |
What is the value of the ending finished goods inventory |
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