tps://newconnect.mheducation.com/flow/connect.html (CH 1-3) Schwiesow Corporatio

Question

tps://newconnect.mheducation.com/flow/connect.html (CH 1-3) Schwiesow Corporation has provided the following information: Cost, Cost per per Period Unit $7.05 $3.50 $1.65 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $11,000 $1.00 $0.40 $5,500 For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closes Multiple Choice $72,000 $77000 $11,000 $61,000 Prey 3 of 28 here to search

Explanation / Answer

Direct materials 35250 =5000*7.05 Direct labor 17500 =5000*3.5 Variable manufacturing overhead 8250 =5000*1.65 Fixed manufacturing overhead 11000 Total product costs 72000 Option 1 is correct

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