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Solve the expected costs to be incurred

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Reference no: EM132761708

Sharp Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for the production of 2,000 units. Utilities is a mixed cost. The fixed portion of this cost is $300.

Production Costs

a. Direct Materials $ 4,000
b. Direct Labor 14,000
c. Utilities 1,000
d. Rent 2,200
e. Indirect Labor 3,600
f. Supervisory Salaries 1,300

Problem 1: Calculate the expected costs to be incurred when production is 2,400 units. Use your knowledge of cost behavior to determine which of the costs are fixed or variable.

Reference no: EM132761708

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