Question

Future Ways Manufacturing has the following direct materials price list for gadgets: Motor, 1 per gadget: $84.79 Casing, 1 per gadget: $34.95 Miscellaneous nuts and bolts: $0.52 per gadget Quantity discount on motors: $1.10 per motor Freight: $4.25 per motor Labor is provided primarily by robots. Direct labor production time is 25 hours per gadget. Machine downtime is estimated at 0.05 hours per gadget. The standard direct labor rate is $25 per hour. Total manufacturing overhead for the year is estimated to be $752,000 and is allocated based on machine hours, which are expected to be 800,000 hours for the year. Variable manufacturing overhead is expected to be $600,000 for the year. The standard machine hours per gadget is 15. What is the standard fixed manufacturing overhead cost per gadget

Answer 1

$2.85 is the standard fixed manufacturing overhead cost per gadget

What is manufacturing ?

Manufacturing is the process of creating or producing goods using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector.

The Manufacturing Principles are a set of elements shared by all manufacturing industries that revolve around the concepts of flow and variation. These principles have emerged as a result of close collaboration with the manufacturing industries at both the research and operational levels.

A wide range of complex chemical or biological processes are used in the production of API. API synthesis from raw materials necessitates multi-step procedures involving a variety of high-tech processing technologies.

To know more about manufacturing  follow the link:

brainly.com/question/26320301

#SPJ4