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Calculate Hardwood total manufacturing cost

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Reference no: EM133173348

Question - Hardwood Inc. produces mostly wooden crates used for shipping products by ocean freighter. In 2020, Hardwood incurred the following costs:

Wood used $53,400

Nails (considered insignificant and a variable expense) 400

Direct labour 42,700

Utilities for the plant: $1,460 each month, plus $0.30 for each kilowatt hour used each month

Rent expense for plant for year 21,460

Assume Hardwood used an average of 480 kilowatt hours of utilities per month over the past year. Calculate Hardwood's total manufacturing cost if it uses a variable-costing approach.

Reference no: EM133173348

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