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Calculate the total costs and cost per jacket

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Question - Under our assumption of actual production and sales of 10,000 jackets, Webb's costing system debits to Work-in-Process Control the standard costs of the 10,000 jackets produced. These amounts are then transferred to Finished Goods and finally to Cost of Goods Sold:

Direct materials $60 per jacket

Direct manufacturing labor $16 per jacket

Variable overhead $12 per jacket

Fixed overhead $23 per jacket

Calculate the total costs and cost per jacket? Provide recommendation about the price of the product. Which factors the company should consider?

Reference no: EM133185887

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