Calculate total variable overhead cost

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Reference no: EM131955315

Tangshang Industries production budget from the 2nd quarter of 2018, projected the following amounts of units to be produced:

April 1,000 units

May 1,200 units

June 1,250 units

Each unit requires 2 parts of component A and 3 parts of component B. Component A cost is $1.25 per unit and component B cost is $.80 per unit.

Each unit requires the following labor:

2 hours in the processing department

1 hour in the assembly department

Processing department labor rate is $4/hour

Assembly department labor rate is $6/hour

Variable Factory overhead is $.60 per unit

Fixed Factory overhead is $1,000 monthly

Using the information from the production budget of Tangshang Industries

A. Calculate total variable overhead cost for May 2018

B. Calculate total variable overhead cost for the quarter April - June 2018

C. Calculate total overhead cost for the quarter April - June 2018

D. Calculate total product cost for the quarter April - June 2018

Reference no: EM131955315

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