Skolnick Corporation has provided the following information: Cost per Unit $ 5.20 $3.40 $ 1.50 Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $142,500 Sales commissions Variable administrative expense Fixed selling and administrative expeñse $ 1.30 $0.40 $ 42,750 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect manufacturing costs incurred? a. Total direct manufacturing cost 2$ 81,700 b. Total indirect manufacturing cost 2$ 215,650

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...
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I keep getting part B wrong. How do I find the total indirect manufacturing cost?
Skolnick Corporation has provided the following information:
Cost per Unit
$ 5.20
Cost per Period
Direct materials
Direct labor
$3.40
Variable manufacturing overhead
Fixed manufacturing overhead
$ 1.50
$142,500
Sales commissions
$ 1.30
$ 0.40
Variable administrative expense
Fixed selling and administrative expeñse
$ 42,750
Required:
a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate
calculations.)
b. If 9,500 units are produced, what is the total amount of indirect manufacturing costs incurred?
a. Total direct manufacturing cost
$
81,700
b. Total indirect manufacturing cost
$
215,650
Transcribed Image Text:Skolnick Corporation has provided the following information: Cost per Unit $ 5.20 Cost per Period Direct materials Direct labor $3.40 Variable manufacturing overhead Fixed manufacturing overhead $ 1.50 $142,500 Sales commissions $ 1.30 $ 0.40 Variable administrative expense Fixed selling and administrative expeñse $ 42,750 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect manufacturing costs incurred? a. Total direct manufacturing cost $ 81,700 b. Total indirect manufacturing cost $ 215,650
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