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Compute the total cost of producing tyres

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Question - A Tyre company currently produces 2,000 tyres per month. The following per unit data apply for sales to regular customers:

Direct materials $25

Direct labour $3

Variable manufacturing overhead $5

Fixed manufacturing overhead $12

Total manufacturing costs $45

The plant has capacity for 8,000 tyres and is considering expanding production to 5,000 tyres. Compute the total cost of producing 5,000 tyres.

Reference no: EM133115331

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