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Denver City Manufacturing currently produces 2.000 glasses per month. The following per unit data apply for sales to regular customers and is based on 1,000 units produced. Direct materials Direct manufacturing labor Variable manufacturing overhead $200 40 70 Fixed manufacturing overhead 50 Total manufacturing costs $360 The plant has capacity for 3,000 glasses. Plant supervisor's salary is $15,000. Required: a. What is the total cost of producing 2,000 glasses? b. What is the total cost of producing 1,600 glasses? C What is the per unit cost when producing 1,500 glasses?

Denver City Manufacturing currently produces 2.000 glasses per month. The following per unit data apply for sales to regular customers and is based on 1,000 units produced. Direct materials Direct manufacturing labor Variable manufacturing overhead $200 40 70 Fixed manufacturing overhead 50 Total manufacturing costs $360 The plant has capacity for 3,000 glasses. Plant supervisor's salary is $15,000. Required: a. What is the total cost of producing 2,000 glasses? b. What is the total cost of producing 1,600 glasses? C What is the per unit cost when producing 1,500 glasses?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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PROBLEM 2: Denver City Manufacturing currently produces 2.000 glasses per month. The following per unit data apply for sales to regular customers and is based on 1,000 units produced. Direct materials $200 Direct manufacturing labor 40 Variable manufacturing overhead 70 50 $360 Fixed manufacturing overhead Total manufacturing costs The plant has capacity for 3,000 glasses. Plant supervisor's salary is $15,000. Required: a. What is the total cost of producing 2,000 glasses? b. What is the total cost of producing 1,600 glasses? C What is the per unit cost when producing 1,500 glasses?
Transcribed Image Text:PROBLEM 2: Denver City Manufacturing currently produces 2.000 glasses per month. The following per unit data apply for sales to regular customers and is based on 1,000 units produced. Direct materials $200 Direct manufacturing labor 40 Variable manufacturing overhead 70 50 $360 Fixed manufacturing overhead Total manufacturing costs The plant has capacity for 3,000 glasses. Plant supervisor's salary is $15,000. Required: a. What is the total cost of producing 2,000 glasses? b. What is the total cost of producing 1,600 glasses? C What is the per unit cost when producing 1,500 glasses?
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