PRODUCT COSTING Yoyot Plastic Bins plans to manufacture 5,000 bins during September. Each bins requires P2.50 kilos of plastic and 0.50 hours of direct labor. Plastic costs P1.80/kilo. Direct labor cost is P12.50 per hour and factory overhead is estimated at 46,875.00. Yoyot has 400 kilos of plastic in beginning inventory and desires to have 500 kilos of ending inventory. What is the cost per unit of the bins produced in September?
PRODUCT COSTING Yoyot Plastic Bins plans to manufacture 5,000 bins during September. Each bins requires P2.50 kilos of plastic and 0.50 hours of direct labor. Plastic costs P1.80/kilo. Direct labor cost is P12.50 per hour and factory overhead is estimated at 46,875.00. Yoyot has 400 kilos of plastic in beginning inventory and desires to have 500 kilos of ending inventory. What is the cost per unit of the bins produced in September?
PRODUCT COSTING Yoyot Plastic Bins plans to manufacture 5,000 bins during September. Each bins requires P2.50 kilos of plastic and 0.50 hours of direct labor. Plastic costs P1.80/kilo. Direct labor cost is P12.50 per hour and factory overhead is estimated at 46,875.00. Yoyot has 400 kilos of plastic in beginning inventory and desires to have 500 kilos of ending inventory. What is the cost per unit of the bins produced in September?
Yoyot Plastic Bins plans to manufacture 5,000 bins during September. Each bins requires P2.50 kilos of plastic and 0.50 hours of direct labor. Plastic costs P1.80/kilo. Direct labor cost is P12.50 per hour and factory overhead is estimated at 46,875.00. Yoyot has 400 kilos of plastic in beginning inventory and desires to have 500 kilos of ending inventory.
What is the cost per unit of the bins produced in September?
Definition Definition Indirect costs incurred while producing goods or services. Overhead costs cannot be directly attributed to products or services. Overhead includes indirect material cost, indirect labor cost, rent, utilities expenses, and depreciation. Since these costs directly affect the profitability of a company, managing overhead becomes an important task for management.
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