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Calculate the cost of budgeted ending inventory

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Reference no: EM132701258

Problem - Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour. Andrews expects to have 675 chairs in ending inventory. There is no beginning inventory of office chairs.

Required -

Calculate the unit product cost.

Calculate the cost of budgeted ending inventory.

Reference no: EM132701258

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