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Assume you're a product manager for a large, profit-seeking, manufacturing firm. Specifically, you manage 'product #3'. Information about the firm's product costs is provided below:
Product #1
Product #2
Product #3
Direct Materials
$140,000
$ 70,000
$90,000
Direct Labor
$210,000
$130,000
$60,000
Overhead
?
The three products use 4,200; 3,250; and 3,000 direct labor hours (respectively). Overhead costs are determined based on a single cost driver. Which of the following cost drivers would you select?
a. Direct Materials Dollars -
b. Direct Labor Dollars -
c. Total Direct Costs -
d. Direct Labor Hours -
e. Machine Hours -
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