The accounting records for Miller Fixtures report the following production costs for the past year: Direct Materials $210,000 Direct Labor 175,000 Variable Overhead 154,000 Production was 210,000 units. Fixed manufacturing overhead was $240,000. For the coming year, costs are expected to increase as follows: direct materials costs by 20 percent, excluding any effect of volume changes: direct labor by 4 percent: and fixed manufacturing overhead by 10 percent. Variable manufacturing overhead per unit is expected to remain the same. A. Prepare a cost estimate for a volume level of 220,000 units of product this year. B. Determine the costs per unit for last year and for this year.,How do you find the cost per unit? and the coming year Nwe cost per unit?
Paper#11324 | Written in 18-Jul-2015Price : $25