Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were...
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Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 380, 360, 432, 392, and 460 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $19 per hour. The company's variable overhead is $8 per unit produced and its fixed overhead is $5,900 per month. Use the information presented to complete the requirements. The drone toy includes 3 LED lights, which cost $15 each. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in tl Required 1 Required 2 Determine Galactic's budgeted manufacturing cost per drone your answer to 2 decimal places Manufacturing cost per unit 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in t Required 1 Required 2 Determine Galactic's budgeted cost of goods sold for January Jan Feb Budgeted Cost of Goods Sold < Required 1 Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 380, 360, 432, 392, and 460 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $19 per hour. The company's variable overhead is $8 per unit produced and its fixed overhead is $5,900 per month. Use the information presented to complete the requirements. The drone toy includes 3 LED lights, which cost $15 each. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in tl Required 1 Required 2 Determine Galactic's budgeted manufacturing cost per drone your answer to 2 decimal places Manufacturing cost per unit 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $19.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in t Required 1 Required 2 Determine Galactic's budgeted cost of goods sold for January Jan Feb Budgeted Cost of Goods Sold < Required 1
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Required 1 Direct materials cost per unit 3 15 Direct labor cost ... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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