MANUFACTURING COSTMANUFACTURING COSTYoyot Plastic Bins plans to manufacture 5,000 plastic bins during September. Each bin requires P2.50 kilosof plastic and 0.50 hoursof direct labor. Plastic costs P1.80/kilo. Direct labor cost is P12.50 per hour andfactory overhead is estimated at P46,875. Yoyot has 400 kalos of plastic in beginning inventory and desiresto have 500 kilos in ending inventory.How many kilos of plasticshould Yoyot plan to buyduring September? *How much should Yoyotbudget for direct labor forSeptember? *How much manufacturingoverhead will be charged toeach plastic bin in September?What is the cost per unit ofthe bins produced inSeptember? *

Required plastic for target production = 5000 bins * 2.5 kilos per bin = 12500 kilos Plastic…

Answered: MANUFACTURING COST MANUFACTURING COST…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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