Question

The Janesky Company has collected data on the manufacture of 2,312 robot grippers last month. The...

The Janesky Company has collected data on the manufacture of 2,312 robot grippers last month. The breakdown of total costs is shown below. They now need to plan for future months.

Units sold last month 2,312
Direct materials $440,074
Direct labor $451,245
Manufacturing variable overhead $327,460
Selling and administrative costs $161,476

Janesky is forecasting that 4,946 units will be produced and sold without any increase in fixed costs in the coming month. What would be the total cost based on last months cost data?

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Last month

Next Month

Units

2,312

4946

Direct materials

$ 4,40,074.00

$    9,41,438.58

Direct labor

$ 4,51,245.00

$    9,65,336.41

Manufacturing variable overhead

$ 3,27,460.00

$    7,00,526.45

Selling and administrative costs

$ 1,61,476.00

$    1,61,476.00

Total Cost

$ 13,80,255.00

$ 27,68,777.44

Total cost assuming that selling and administrative cost is fixed = $27,68,777.44 or $ 27,68,777

Working

Last month

Next Month

Units

2312

4946

Direct materials

440074

=440074/2312*4946

Direct labor

451245

=451245/2312*4946

Manufacturing variable overhead

327460

=327460/2312*4946

Selling and administrative costs

161476

161476
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Janesky Company has collected data on the manufacture of 6,111 robot grippers last month. The...
The Janesky Company has collected data on the manufacture of 6,111 robot grippers last month. The breakdown of total costs is shown below. They now need to plan for future months. Units sold last month 6,111 Direct materials $277,186 Direct labor $464,081 Manufacturing variable overhead $450,231 Selling and administrative costs $170,971 What would be the break even price to produce and sell 2,033 units in the coming month?
A manufacturing company has provided the following data concerning its most recent month of operations: Units...
A manufacturing company has provided the following data concerning its most recent month of operations: Units in beginning inventory…………………… 0 Units produced…………………………………. 4,800 Units sold………………………………………. 4,700 Units in ending inventory……………………… 100 Variable costs per unit: Direct materials………………………………… $30 Direct labor…………………………………….. 52 Variable manufacturing overhead……………… 3 Variable selling and administrative….…………. 7 Fixed costs: Fixed manufacturing overhead…………………. $72,000 Fixed selling and administrative……………….. 9,400 What is the unit product cost for the month under variable costing? a. $92. b. $107. c. $100. d....
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price -------------------------------------- $135 Units in beginning inventory ----------------- 0 Units produced ---------------------------------- 5,000 Units sold ----------------------------------------- 4,900 Units in ending inventory ---------------------    100 Variable costs per unit:    Direct materials ------------------------------- $33    Direct labor ------------------------------------  $34    Variable manufacturing overhead -------   $4    Variable selling and administrative ------   $6 Fixed costs:    Fixed manufacturing overhead ----------- $185,000    Fixed selling...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 2,900 Units sold 2,600 Units in ending inventory 300 Variable costs per unit: Direct materials $ 49 Direct labor $ 58 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 11 Fixed costs: Fixed manufacturing overhead $ 55,100 Fixed selling and administrative expense $ 18,200 What is the absorption costing unit...
which has only one product, has provided the following data concerning its most recent month of...
which has only one product, has provided the following data concerning its most recent month of operations: Selling price $118 Units in beginning inventory 400 Units produced 2,100 Units sold 2,300 Units in ending inventory 200 Variable costs per unit: Direct materials $37 Direct labor $23 Variable manufacturing overhead $3 Variable selling and administrative expense $5 Fixed costs: Fixed manufacturing overhead $73,500 Fixed selling and administrative expense $29,900 The company produces the same number of units every month, although the...
Paint More, LLC has organized a new division to manufacture and sell specialty paint. The division's...
Paint More, LLC has organized a new division to manufacture and sell specialty paint. The division's monthly costs are shown below: Manufacturing costs: Variable costs per unit: Direct materials $12 Variable manufacturing overhead $1 Fixed manufacturing overhead costs (total) $100,000 Selling and administrative costs: Variable 7% of sales Fixed (total) $31,000 Because the production is highly automated, the company includes its labor costs in its fixed manufacturing overhead. The gallons of paint sell for $68 each. During September, the first...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 154 Units in beginning inventory 0 Units produced 2,560 Units sold 2,230 Units in ending inventory 330 Variable costs per unit: Direct materials $ 51 Direct labor $ 24 Variable manufacturing overhead $ 15 Variable selling and administrative expense $ 16 Fixed costs: Fixed manufacturing overhead $ 92,160 Fixed selling and administrative expense $ 11,150 The total...
1. Lenart Corporation has provided the following data for its two most recent years of operation:...
1. Lenart Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $ 13 Direct labor $ 6 Variable manufacturing overhead $ 4 Fixed manufacturing overhead per year $ 70,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold $ 6 Fixed selling and administrative expense per year $ 83,000 Year 1 Year 2 Units in beginning inventory 0 1,000 Units produced during...
1: Gabuat Corporation, which has only one product, has provided the following data concerning its most...
1: Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 138 Units in beginning inventory 0 Units produced 2,600 Units sold 2,310 Units in ending inventory 290 Variable costs per unit: Direct materials $ 49 Direct labor $ 27 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 6 Fixed costs: Fixed manufacturing overhead $36,400 Fixed selling and administrative expense $13,860 The total gross margin...
t14 A manufacturing company that produces a single product has provided the following data concerning its...
t14 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 88 Units in beginning inventory 0 Units produced 5,200 Units sold 4,900 Units in ending inventory 300 Variable costs per unit: Direct materials $ 12 Direct labor $ 23 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 161,200 Fixed selling and administrative expense $ 63,700 The...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT