Voice Sensitivity 21 141 161 181 1101 1121 1141 16171 issex Company produces a single products fixed manufacturing overhead cost are applied to the product on the basis of each year's production. (Thus, a new fixed manufacturing overhead rate is computed each year-) Variable selling and administrative expenses are El per unit sold. 08: Amfac Company manufactures a single product. The company keeps careful records of manufacturing activities from which the following information has been extracted: Level of activity March . Low June -High Number of units produced 5,000 9,000 Cast of goods manufactured E168,000 1257,000 Work in Progress inventory, beginning 19,000 E32,000 Work in Progress inventory, ending $15,000 E21,000 Direct materials cost per unit E6 Direct Ishour cost per unit E10 E10 The company's manufacturing overhead consist of both variable and fixed cast elements. To have data available for planning, management wants to determine how much of the overhead cost is variable with units produced and how much of it is fixed per annum. Required: For March determine the amount of manufacturing overhead cost added to production. The company had no under or overapplied overhead in the month. [Hint. A useful way to proceed might be to construct a schedule of cast of goods manufactured Manufacturing overhead cost 80.cop For June determine the amount of manufacturing overhead cost added to production. (Hint. A useful way to proceed might be to construct a schedule of cast of goods manufactured. Manufacturing overhead cost 144,000 By means of the high-low method of cast analysis, estimate a cast formular for manufacturing overhead. Express the variable portion of the formular in terms of a variable rate per unit of product. The cost formolar is Y = if 7,000 units are produced during the month, what would be the cost of goods "manufactured? (Assume seawork in progress inventories do not change and that thee there is no under " or everapplied overhead for the month) Cost of goods manufactured G EER Focus ve > > 25.C () ENG 2 HIGH