X company manufactures a single product and estimates its

Reference no: EM13588509

X Company manufactures a single product and estimates its total variable manufacturing costs each month. It is estimated that each unit of product requires 2.2 pounds of direct material, and the price per pound is $20.30. It is estimated to take two hours of direct labor time to manufacture a unit of product. Direct labor employees are paid $11.70 per hour. The annual overhead cost function is $44,400+$1.85X, where X is the number of units produced. If production in December is expected to be 980 units, what are estimated total variable manufacturing costs?

Reference no: EM13588509

Questions Cloud

Adjusting entries are required at the end of the period to : adjusting entries are required at the end of the period to ensure that accrual accounting principles are applied. the

Al capones conviction in the mid 1930s has caused mobsters : 1 why is the distinction between deductions for agi and deductions from agi important for individuals?2 al capones

How does the pay-as-you-go procedure apply to wage earners : 1. in the following independent situations is the tax position of the taxpayer likely to change? explain why or why

Tyrene products manufactures recreational equipment one of : tyrene products manufactures recreational equipment. one of the companys products a skateboard sells for 34. the

X company manufactures a single product and estimates its : x company manufactures a single product and estimates its total variable manufacturing costs each month. it is

Tiger furnishings produces two models of cabinets for home : tiger furnishings produces two models of cabinets for home theater components the basic and the dominator. data on

Suppose that the steel gas tank in your car is completely : suppose that the steel gas tank in your car is completely filled when the temperature is 14deg c. how many gallons

Assume that x company has decided to switch to an : assume that x company has decided to switch to an activity-based costing allocation system. it has identified three

Rentoul inc recently had to pay 8 interest for money that : 1. it sold land having a fair value of 905000 in exchange for a 3-year zero-interest-bearing promissory note in the

User Account

All Pages