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XYZ Corporation produces 24,800,000 units of a product annually. The company's fixed manufacturing overhead costs are $29,760,000, and variable manufacturing overhead costs are $885 per

XYZ Corporation produces 24,800,000 units of a product annually. The company's fixed manufacturing overhead costs are $29,760,000, and variable manufacturing overhead costs are $885 per unit.

Item

Cost

Fixed Manufacturing Overhead

$29,760,000

Variable Manufacturing Overhead

$885 (per unit)

Calculate the total manufacturing overhead costs and prepare a statement showing the overhead applied to production.

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