-) ? O pps For quick Socuro: https:/ tion thtrmi Exam 2, Chapters 5, 7,8,96 Help

Question

-) ? O pps For quick Socuro: https:/ tion thtrmi Exam 2, Chapters 5, 7,8,96 Help Seve &Exlt; Subemit Knappert Corporation makes one product and has provided the following Information: 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 unlt 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 points per month is $50,00o. 014959 The unit product cost is closest to: Multiple Choice $30.80 $93.20 12 of 20

Explanation / Answer

Calculate unit product cost :

so answer is d) $113.00

Direct material (3*5) 15 Direct labour (2.8*24) 67.20 Manufacturing overhead (2.8*11) 30.80 Unit product cost 113

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