Campbell Manufacturing Company produced 1,400 units of Inventory In January Year 2. It expects to produce an additional 9,000 units during the remaining 11 months of the year. In other words, total production for Year 2 is estimated to be 10,400 units. Direct materials and direct labor costs are $74 and $71 per unit, respectively. Campbell expects to Incur the following manufacturing overhead costs during the Year 2 accounting period. Production supplies Supervisor salary. Depreciation on equipment Utilities Rental fee on manufacturing facilities Required a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. b. Determine the cost of the 1,400 units of product made in January. $ 6,500 186,000 126,000 17,000 223,500 Complete this question by entering your answers in the tabs below. Required A Required B Determine the cost of the 1.400 units of product made in January.

Campbell Manufacturing Company produced 1,400 units of Inventory In January Year 2. It expects to produce an additional 9,000 units during the remaining 11 months of the year. In other words, total production for Year 2 is estimated to be 10,400 units. Direct materials and direct labor costs are $74 and $71 per unit, respectively. Campbell expects to Incur the following manufacturing overhead costs during the Year 2 accounting period. Production supplies Supervisor salary. Depreciation on equipment Utilities Rental fee on manufacturing facilities Required a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. b. Determine the cost of the 1,400 units of product made in January. $ 6,500 186,000 126,000 17,000 223,500 Complete this question by entering your answers in the tabs below. Required A Required B Determine the cost of the 1.400 units of product made in January.

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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