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What is the april budgeted cost per battery

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Reference no: EM132708116

Problem - Accepting business at a special price - Palomar Battery Company expects to operate at 75% of full capacity during April. The total manufacturing costs for April for the production of 60,000 batteries are budgeted as follows:

Direct materials $75,000

Direct labor 960,000

Variable factory overhead 111,000

Fixed factory overhead 288,000

Total manufacturing costs $1,434,000

The company has an opportunity to submit a bid for 17,500 batteries to be delivered by April 30 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during April or increase the selling or administrative expenses.

Required -

a. What is the April budgeted cost per battery for the production of 60,000 batteries?

b. What is the unit cost below which Palomar Battery Company should not go in bidding on the government contract?

Reference no: EM132708116

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