Question: please answer requirement 1& 2 Minnesota Office Products (MOP) produces three different paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular. Each product

 please answer requirement 1& 2 Minnesota Office Products (MOP) produces threedifferent paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular.Each product has its own dedicated production line at the plant. It
please answer requirement 1& 2
currently uses the following three-part classification for its manufacturing costs: direct materials,
direct manufacturing labor, and manufacturing overhead costs. Total manufacturing overhead costs of
the plant in July 2017 are $150 million (\$15 million of which

Minnesota Office Products (MOP) produces three different paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular. Each product has its own dedicated production line at the plant. It currently uses the following three-part classification for its manufacturing costs: direct materials, direct manufacturing labor, and manufacturing overhead costs. Total manufacturing overhead costs of the plant in July 2017 are $150 million (\$15 million of which are fixed). This total amount is allocated to each product line on the basis of the direct manufacturing labor costs of each line. Summary data (in millions) for July 2017 are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the manufacturing cost per unit for each product produced in July 2017. Begin by determining the formula needed to calculate the total manufacturing cost pr unit. = Tota manufacturing cost per unit Requirements 1. Compute the manufacturing cost per unit for each product produced in July 2017. 2. Suppose that, in August 2017, production was 150 million units of Supreme, 190 million units of Deluxe, and 220 million units of Regular. Why might the July 2017 information on manufacturing cost per unit be misleading when predicting total manufacturing costs in August 2017? Minnesota Office Products (MOP) produces three different paper products at its V and Regular. Each product has its own dedicated production line at the plant. It cur classification for its manufacturing costs: direct materials, direct manufacturing lab Data table

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