Question

Complete the following table: Round all per unit amounts to the nearest penny (2 places to...

Complete the following table:

Round all per unit amounts to the nearest penny (2 places to the right of the decimal point.)
Round total cost amounts to the nearest dollar.

January February
Units produced and sold 16000 20800
Total costs:
Direct labor 245440
Direct materials 87360
Variable overhead costs 108160
Factory rent 130000
Sales commissions 101920
Administrative salaries 138000
Per unit costs for select rows:
Direct labor 11.80
Direct materials 4.20
Factory rent
Administrative salaries

Homework Answers

Answer #1

Complete table :

January February
Units produced and sold 16000 20800
Total costs
Direct labour 16000*11.80 = 188800 245440
Direct material 16000*4.20 = 67200 87360
Variable overhead costs 16000*5.20 = 83200 108160
Factory rent 130000 130000
Sales commissions 16000*4.9 = 78400 101920
Administrative salaries 138000 138000
Per unit costs for select rows:
Direct labour 11.80 11.80
Direct materials 4.20 4.20
Factory rent 8.125 6.25
Administrative salaries 8.625 6.63
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