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blondinia [14]
3 years ago
5

1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,750 units

Business
1 answer:
Dvinal [7]3 years ago
7 0

Answer: $‭‭450,225‬

Explanation:

Product costs = Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= (21,750 * 7.80) + (21,750 * 4.80) + (21,750 * 2.30) + (21,750 * 5.80)

= 169,650 + 104,400 + 50,025 + ‭126,150‬

= $‭‭450,225‬

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Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
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