Best minus Cola spends $ 3 on direct materials, direct labor, and variable manufacturing overhead for...

  

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Best minus Cola spends $ 3 on direct materials, direct labor, and variable manufacturing overhead for every unit (12-pack ofsoda) it produces. Fixed manufacturing overhead costs $ 3 million per year. The plant, which is currently operating at only 75% ofcapacity, produced 25 million units this year. Management plans to operate closer to full capacity next year, producing 30 million units. Management doesn't anticipate any changes in the prices it pays for materials, labor, and manufacturing overhead. Requirement 1. What is the current total product cost (for the 25 million units), including fixed and variable costs? Determine the formula, then calculate the current total product cost (for the 25 million units), including fixed and variable costs. Total product costs million + million million Requirement 2, What is the current average product cost per unit? Determine the formula, then calculate the current average product cost per unit. (Enter your answer to the nearest cent) Current average product cost per unit million million per unit Requirement 3. What is the current fixed cost per unit? Determine the formula, then calculate the current fixed cost per unit. (Enter your answer to the nearest cent.) * Current fixed cost per unit million million per unit Requirement 4. What is the forecasted total product cost next year (for the 30 million units), including fixed and variable costs? Determine the formula, then calculate the forecasted total product cost next year (for the 30 million units). Forecasted = total product costs million million million Requirement 5. What is the forecasted average product cost next year? Determine the formula, then calculate the forecasted average product cost per unit. (Enter your answer to the nearest cent) Forecasted average = product cost per unit million million per unit %3D Requirement 6. What is the forecasted fixed cost per unit? Determine the formula, then calculate the forecasted fixed cost per unit. (Enter your answer to the nearest cent.) = Forecasted fixed cost per unit per unit million Current year's produced units R Forecasted total product cost e product cost decrease as production increases? T Forecasted total variable costs Is production volume increases because the company is Next year's forecasted units Total fixed costs Ch Total product costs mber in the input fields and then continue to the next question. Best minus Cola spends $ 3 on direct materials, direct labor, and variable manufacturing overhead for every unit (12-pack ofsoda) it produces. Fixed manufacturing overhead costs $ 3 million per year. The plant, which is currently operating at only 75% ofcapacity, produced 25 million units this year. Management plans to operate closer to full capacity next year, producing 30 million units. Management doesn't anticipate any changes in the prices it pays for materials, labor, and manufacturing overhead. Requirement 1. What is the current total product cost (for the 25 million units), including fixed and variable costs? Determine the formula, then calculate the current total product cost (for the 25 million units), including fixed and variable costs. Total product costs million + million million Requirement 2, What is the current average product cost per unit? Determine the formula, then calculate the current average product cost per unit. (Enter your answer to the nearest cent) Current average product cost per unit million million per unit Requirement 3. What is the current fixed cost per unit? Determine the formula, then calculate the current fixed cost per unit. (Enter your answer to the nearest cent.) * Current fixed cost per unit million million per unit Requirement 4. What is the forecasted total product cost next year (for the 30 million units), including fixed and variable costs? Determine the formula, then calculate the forecasted total product cost next year (for the 30 million units). Forecasted = total product costs million million million Requirement 5. What is the forecasted average product cost next year? Determine the formula, then calculate the forecasted average product cost per unit. (Enter your answer to the nearest cent) Forecasted average = product cost per unit million million per unit %3D Requirement 6. What is the forecasted fixed cost per unit? Determine the formula, then calculate the forecasted fixed cost per unit. (Enter your answer to the nearest cent.) = Forecasted fixed cost per unit per unit million Current year's produced units R Forecasted total product cost e product cost decrease as production increases? T Forecasted total variable costs Is production volume increases because the company is Next year's forecasted units Total fixed costs Ch Total product costs mber in the input fields and then continue to the next question.

Answer rating: 100% (QA)

a total fixed cost total variable cost total total product cost 32 7 25 7 25 32 7 b total ... View the full answer