Lunera Corp. manufactures a specialty product. The following data applies: Cost of materials = $30 per unit • . Rent = $50,000 • Selling price = $100 per unit ⚫ Cost of labor = $20 per unit • • Salaries $200,000 Calculate the Labor Cost as a percentage of Sales Revenue, assuming 10,000 units were sold.
Lunera Corp. manufactures a specialty product. The following data applies: Cost of materials = $30 per unit • . Rent = $50,000 • Selling price = $100 per unit ⚫ Cost of labor = $20 per unit • • Salaries $200,000 Calculate the Labor Cost as a percentage of Sales Revenue, assuming 10,000 units were sold.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...
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Transcribed Image Text:Lunera Corp. manufactures a specialty product. The following data
applies:
Cost of materials = $30 per unit
•
.
Rent = $50,000
•
Selling price = $100 per unit
⚫ Cost of labor = $20 per unit
•
• Salaries
$200,000
Calculate the Labor Cost as a percentage of Sales Revenue,
assuming 10,000 units were sold.
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