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TB Problem Qu. 1-277 Learned Corporation has provided the following ... Learned Corporation has provided the following inform
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Answer #1

a. Total Product Cost = (DM + DL + Variable MOH)*7000 + Fixed MOH

= (6+4.1+1.7)*7000 + 28000

= 82600+28000

= $110600

b. Total Period Cost = (Sales commission + Variable administrative overheads) * 7000 + 9100

= (0.4+0.3)*7000 + 9100

= 4900 + 9100

= $14000

c. If Selling Price = $23.50

Contribution MArgin = Selling Price - Variable Expenses

= 23.5 - (6+4.1+1.7+0.4+0.3)

= 23.5 - 12.5

= $11

d. Direct Manufacturing Cost for 8000 Units = ( DM + DL + Variable MOH + Sales Commission )*8000

= (6+4.1+1.7+0.4)*8000

= $97600

e. Indirect Manufacturing Cost = Fixed MOH + Fixed Selling and Administrative Overhead + Variable Administrative Overhead

= 28000 + 9100 + 8000*0.3

= $ 39500

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