X Company manufactures a single product and estimates total manufacturing costs each month. The accountant provides the following information about its manufacturing process:

Direct material quantity	1.5 pounds per unit of finished product
Direct material price	$22.20 per pound
Direct labor time	1.1 hours per unit of finished product
Direct labor wage rate	$12.20 per hour

The monthly overhead cost function is $3,800 + $2.05X, where X is the number of units produced. If X Company expects to produce 960 units in March, what are estimated total manufacturing costs for March?

Answer rating: 100% (QA)

X Company expects to produce 1040 units in March Hence the total Ma... View the full answer