Question: Use direct labor dollars as the cost driver. Compute allocated fixed costs for Product X: Sales volume (units) Revenue Variable costs Direct materials Direct

Use direct labor dollars as the cost driver. Compute allocated fixed costsfor Product X: Sales volume (units) Revenue Variable costs Direct materials Direct 

Use direct labor dollars as the cost driver. Compute allocated fixed costs for Product X: Sales volume (units) Revenue Variable costs Direct materials Direct labor Contribution margin Fixed costs Profit Product X 400 $60,000 $25,000 $15,000 $20,000 Product Y 600 $60,000 $15,000 $10,000 $35,000 Total 1,000 $120,000 $40,000 $25,000 $55,000 $50,000 $5,000

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