Galaxy Innovations Co. reports the following information for its first year of operations: • • • Units produced this year: 8,000 units Units sold this year: 7,200 units Direct materials cost: $12 per unit . Direct labor cost: $18 per unit • Variable overhead:? (in total) . • Fixed overhead: $50,000 in total If the company's cost per unit of finished goods using variable costing is $48, what is the total variable overhead?

Galaxy Innovations Co. reports the following information for its first year of operations: • • • Units produced this year: 8,000 units Units sold this year: 7,200 units Direct materials cost: $12 per unit . Direct labor cost: $18 per unit • Variable overhead:? (in total) . • Fixed overhead: $50,000 in total If the company's cost per unit of finished goods using variable costing is $48, what is the total variable overhead?

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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