St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts for the previous month and have provided an estimated breakdown of the fixed and variable portions of manufacturing overhead. Indirect materials. Indirect labor. Supervision Depreciation Maintenance Total Fixed $2,400 1,700 8,400 35,400 15,400 $ 63,300 Variable $7,400 15,700 2,700 3,400 20,400 $ 49,600 Total $ 9,800 17,400 11,100 38,800 35,800 $112,900 Direct materials for the month amounted to $94,500. Direct labor for the month was $189,500. During the month, 12,500 units were produced. Required: a. No changes are expected in these cost relations next month. The firm has budgeted production of 16,250 units. Provide an estimate for total production cost for next month. b. Determine the cost per unit of production for the previous month and the next month. Complete this question by entering your answers in the tabs below.

St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts for the previous month and have provided an estimated breakdown of the fixed and variable portions of manufacturing overhead. Indirect materials. Indirect labor. Supervision Depreciation Maintenance Total Fixed $2,400 1,700 8,400 35,400 15,400 $ 63,300 Variable $7,400 15,700 2,700 3,400 20,400 $ 49,600 Total $ 9,800 17,400 11,100 38,800 35,800 $112,900 Direct materials for the month amounted to $94,500. Direct labor for the month was $189,500. During the month, 12,500 units were produced. Required: a. No changes are expected in these cost relations next month. The firm has budgeted production of 16,250 units. Provide an estimate for total production cost for next month. b. Determine the cost per unit of production for the previous month and the next month. Complete this question by entering your answers in the tabs below.

Name: St. Kilda Enterprises produces parts for the electronics industry. Th
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Description: St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts forthe previous month and have provided an estimated breakdown of the fixed and variable portions of manufacturing overh

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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