FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing
activity.
Variable costs:
Direct materials used
Direct labor
$1,100,000
2,060,000
236, 000
213,000
Indirect materials and supplies
Power to run plant equipment
Fixed costs:
Supervisory salaries
Plant utilities (other than power to run plant equipment)
Depreciation on plant and equipeent (straight-line, tine basis)
Property taxes on building
906,000
287,000
141,000
199, e00
Required:
Unit variable costs and total fixed costs are expected to remain unchanged next month Calculate the unit cost and the total cost if
21,000 units are produced next month. (Round "Unit costs" to 2 decimal places.)
Total variable costs
Total fixed costs
Total costs
Unit costs
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Transcribed Image Text:Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity. Variable costs: Direct materials used Direct labor $1,100,000 2,060,000 236, 000 213,000 Indirect materials and supplies Power to run plant equipment Fixed costs: Supervisory salaries Plant utilities (other than power to run plant equipment) Depreciation on plant and equipeent (straight-line, tine basis) Property taxes on building 906,000 287,000 141,000 199, e00 Required: Unit variable costs and total fixed costs are expected to remain unchanged next month Calculate the unit cost and the total cost if 21,000 units are produced next month. (Round "Unit costs" to 2 decimal places.) Total variable costs Total fixed costs Total costs Unit costs
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