Chapter 12, Problem 7E

Direct materials used totaled $78,320; direct labor incurred totaled $215,640; manufacturing overhead totaled $298,750; Work in Process Inventory on January 1, 2023, was $157,830; and Work in Process Inventory on December 31, 2023, was $142,940. What is the cost of goods manufactured for the year ended December 31, 2023?

The constitution margin per unit was

Lumen Products, which uses the high-low method, had total costs of $32,000 at its lowest level of activity when 6,000 units were sold. At its highest level of activity, total costs were $50,000 when 11,000 units were sold. Lumen would estimate fixed costs as _.