Harriman Industries manufactures engines for the aerospace industry. It has completed manufacturing the first unit of the
Question:
Direct materials ......... $10,500
Direct labor ...........$30 per direct labor hour
Variable manufacturing overhead ...$40 per direct labor hour
Required:
1. Set up a table with columns for cumulative number of units, cumulative average time per unit in hours, and the cumulative total time in hours. Complete the table for 1, 2, 4, 8, 16, and 32 units.
2. What are the total variable costs of producing 1, 2, 4, 8, 16, and 32 units? What is the variable cost per unit for 1, 2, 4, 8, 16, and 32 units?
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Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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