Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Skolnick Corporation has provided the following information:
| Cost per Unit | Cost per Period | |||||
| Direct materials | $ | 5.70 | ||||
| Direct labor | $ | 3.90 | ||||
| Variable manufacturing overhead | $ | 2.00 | ||||
| Fixed manufacturing overhead | $ | 136,000 | ||||
| Sales commissions | $ | 1.20 | ||||
| Variable administrative expense | $ | 0.65 | ||||
| Fixed selling and administrative expense | $ | 39,100 | ||||
Required:
a. If 8,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.)
b. If 8,500 units are produced, what is the total amount of indirect manufacturing costs incurred?
Homework Answers
Solution:
a.) Direct material+ Direct labor
($5.70+$3.90) =$9.60per unit
Units produced =8500
Direct manufacturing cost =$9.60 × 8500 =$81,600
b.) Indirect manufacturing cost
Fixed manufacturing overhead= $136,000
Variable manufacturing overhead =$2 per unit
Total variable manufacturing overhead =8500×$2 = $17,000
Indirect manufacturing cost =$136,000+$17,000 =$153,000
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