#5. The Windy Wind Chime Company has been producing and selling wind chimes for a number of years. The following information was gathered for 2016. Selling price per unit $12.50 Variable Cost per Unit: Direct Materials $3.00 Direct Labor $2.50 Overhead $1.20 Selling & Admin $2.35 Fixed Costs (Total) Overhead $50,000 Selling & Admin $45,000

#5. The Windy Wind Chime Company has been producing and selling wind chimes for a number of years. The following information was gathered for 2016. Selling price per unit $12.50 Variable Cost per Unit: Direct Materials $3.00 Direct Labor $2.50 Overhead $1.20 Selling & Admin $2.35 Fixed Costs (Total) Overhead $50,000 Selling & Admin $45,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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