In: Accounting
a. Each unit of finished goods requires 3 pounds of raw materials. The raw materials cost $5.00 per pound.
b. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.8 direct labor-hours.
c. Manufacturing overhead is entirely variable and is $11.00 per direct labor-hour.
d. The variable selling and administrative expense
per unit sold is $3.80. The fixed selling and administrative
expense per month is
$50,000.
What is the unit product cost? (show the numbers making up this value) $__________________
a. Each unit of finished goods requires 3 pounds of raw materials. The raw materials cost $5.00 per pound.
b. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.8 direct labor-hours.
c. Manufacturing overhead is entirely variable and is $11.00 per direct labor-hour.
d. The variable selling and administrative
expense per unit sold is $3.80. The fixed selling and
administrative
expense per month is
$50,000.
What is the unit product cost? (show the numbers making up this value) $__________________