Sander Company produces mathematical and financial calculators and op- erates at capacity. Data related to the two products are presented here: Mathematical Financial 45,000 Annual production in units 90,000 $360,000 $180,000 9,000 60,000 $180,000 $ 90,000 4,500 30,000 Direct material costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours 45 45 1,200 600 Total manufacturing overhead costs are as follows: Total $360,000 108,000 117,000 Machining costs Setup costs Inspection costs

Sander Company produces mathematical and financial calculators and op- erates at capacity. Data related to the two products are presented here: Mathematical Financial 45,000 Annual production in units 90,000 $360,000 $180,000 9,000 60,000 $180,000 $ 90,000 4,500 30,000 Direct material costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours 45 45 1,200 600 Total manufacturing overhead costs are as follows: Total $360,000 108,000 117,000 Machining costs Setup costs Inspection costs

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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