Homework Answers
Answer
|
January |
February |
|
|
Price |
$39.73 |
$46.35 |
--Working
|
January |
February |
||
|
Material cost |
$16,800 |
$9,500 |
|
|
Labor Cost |
$24,700 |
$12,000 |
|
|
A |
Total Variable cost |
$41,500 |
$21,500 |
|
B |
Units produced |
4400 |
1500 |
|
C = A/B |
Variable cost per unit |
$9.43 |
$14.33 |
|
D |
Manufacturing Overhead rate ($612000/30600 units) |
$20.00 |
$20.00 |
|
E = C+D |
Total Cost per unit |
$29.43 |
$34.33 |
|
F = E x 35% |
Markup 35% |
$10.30 |
$12.02 |
|
G = E+F |
Price |
$39.73 |
$46.35 |
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