Drifblim Fine Furniture Manufacturing Inc regularly produces 1,500 livingroom sets per month. The following per unit data apply for sales to regulardealers:Direct MaterialsP 21,000Direct Labor11,250Variable manufacturing overhead16,500Fixed manufacturing overhead14,125Total Manufacturing CostsP 62,875The relevant range of production is plant capacity for 1,000 sets to 3,000 sets.The TOTAL COST of producing 1,600 living room sets amount to P Drifblim Fine Furniture Manufacturing Inc regularly produces 1,200 kitchen setsper month. The following per unit data apply for sales to regular dealers:Direct MaterialsP 21,000Direct Labor18,250Variable manufacturing overhead6,500Fixed manufacturing overhead4,125Total Manufacturing CostsP 49,875The relevant range of production is plant capacity for 1,000 sets to 3,000 sets.The PER UNIT COST of producing 1,500 kitchen sets amount to P.Note: Round-off final answer to 0 decimal places

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Description: Drifblim Fine Furniture Manufacturing Inc regularly produces 1,500 livingroom sets per month. The following per unit data apply for sales to regulardealers:Direct MaterialsP 21,000Direct Labor11,250Variable manufacturing overhead16,500Fixed manufact

Calculation of Total cost of producing 1,600 sets Amount Direct Materials (P 21,000/ 1,500…

Business

Accounting

Drifblim Fine Furniture Manufacturing Inc regularly produces 1,200 kitchen sets per month. The following per unit data apply for sales to regular dealers: Direct Materials P 21,000 Direct Labor 18,250 Variable manufacturing overhead 6,500 Fixed manufacturing overhead 4,125 Total Manufacturing Costs P 49 875

Drifblim Fine Furniture Manufacturing Inc regularly produces 1,200 kitchen sets per month. The following per unit data apply for sales to regular dealers: Direct Materials P 21,000 Direct Labor 18,250 Variable manufacturing overhead 6,500 Fixed manufacturing overhead 4,125 Total Manufacturing Costs P 49 875

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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