Assume that Brightest Solutions produced 12,000 units and sold 9,000 units during its first year of operations. It has the following data: Particulars Selling Price Direct Materials Direct Labor Per Unit Per Year $220 $90 $55 Variable Manufacturing Overhead $15 Sales Commission $12 Fixed Manufacturing Overhead ? $250,000 Fixed Selling & Administrative $120,000 If the company's unit product cost under absorption costing is $190, what is the amount of fixed manufacturing overhead per year?

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Chapter5: Process Costing
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Assume that Brightest Solutions produced 12,000 units and sold 9,000
units during its first year of operations. It has the following data:
Particulars
Selling Price
Direct Materials
Direct Labor
Per Unit Per Year
$220
$90
$55
Variable Manufacturing Overhead $15
Sales Commission
$12
Fixed Manufacturing Overhead
?
$250,000
Fixed Selling & Administrative
$120,000
If the company's unit product cost under absorption costing is $190, what
is the amount of fixed manufacturing overhead per year?
Transcribed Image Text:Assume that Brightest Solutions produced 12,000 units and sold 9,000 units during its first year of operations. It has the following data: Particulars Selling Price Direct Materials Direct Labor Per Unit Per Year $220 $90 $55 Variable Manufacturing Overhead $15 Sales Commission $12 Fixed Manufacturing Overhead ? $250,000 Fixed Selling & Administrative $120,000 If the company's unit product cost under absorption costing is $190, what is the amount of fixed manufacturing overhead per year?
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