Question

A product cost is composed of the​ following: Direct materials $15.00 Direct labor $3.00 Manufacturing overhead...

A product cost is composed of the​ following:

Direct materials

$15.00

Direct labor

$3.00

Manufacturing overhead

$7.00

The product sells for $90.00 and a 5​% commission is paid to a salesperson for every unit sold. Management accountants also estimate that storage cost per unit averages $0.50 per unit. What is the full cost of the​ product?

0 0
Add a comment Improve this question Transcribed image text
Answer #1
The full cost of the Product $30.00
Direct materials $15.00
Dierct labor $3.00
Manufacturing overhead $7.00
Commission ($90.00 x 5%) $4.50
Storage Cost $0.50
$30.00
Add a comment
Know the answer?
Add Answer to:
A product cost is composed of the​ following: Direct materials $15.00 Direct labor $3.00 Manufacturing overhead...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT