Eddy Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 6,000 units 7,000 units Direct materials $ 5,82,600 $6,79,700 Direct labor $ 1,36,200 $ 1,58,900 Manufacturing overhead $ 6,91,800 $ 7,14,700 What is the best estimate of the total variable manufacturing cost per unit? a. $22.90 b. $119.80 c. $142.70 d. $97.10

Eddy Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 6,000 units 7,000 units Direct materials $ 5,82,600 $6,79,700 Direct labor $ 1,36,200 $ 1,58,900 Manufacturing overhead $ 6,91,800 $ 7,14,700 What is the best estimate of the total variable manufacturing cost per unit? a. $22.90 b. $119.80 c. $142.70 d. $97.10

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...

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