Consider the following data for Sintek Inc.Sales in unitsSales revenueDirect materialsDirect labourManufacturing overheadSales commissionOther selling expensesAdministrative expensesJanuary4,000$400,00072,00088,00050,00028,00040,00032,000XFebruary March4,5005,000$450,000 $500,00081,00090,00099,000110,00052,00055,00031,50035,00041,00042,00032,00032,000Required:Write the cost equation for manufacturing overhead. (Round your answer to 2 decimal places.)

The mixed costs of production comprise both variable and fixed costs. The variable cost per unit and…

Consider the following data for Sintek Inc. Sales in units Sales revenue Direct materials Direct labour Manufacturing overhead Sales commission Other selling expenses Administrative expenses January 4,000 $400,000 72,000 88,000 50,000 28,000 40,000 32,000 February March 4,500 5,000 $450,000 $500,000 81,000 90,000 99,000 110,000 52,000 55,000 31,500 35,000 42,000 32,000 41,000 32,000 Required: Write the cost equation for manufacturing overhead. (Round your answer to 2 decimal places.)

Consider the following data for Sintek Inc. Sales in units Sales revenue Direct materials Direct labour Manufacturing overhead Sales commission Other selling expenses Administrative expenses January 4,000 $400,000 72,000 88,000 50,000 28,000 40,000 32,000 February March 4,500 5,000 $450,000 $500,000 81,000 90,000 99,000 110,000 52,000 55,000 31,500 35,000 42,000 32,000 41,000 32,000 Required: Write the cost equation for manufacturing overhead. (Round your answer to 2 decimal places.)

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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