Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated...

90.2K

Verified Solution

Question

Accounting

Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity. Supervisory salaries Variable costs: Direct materials used Direct labor Indirect materials and supplies Power to run plant equipment Fixed costs: Plant utilities (other than power to run plant equipment) $ 1,017,000 1,931,000 242,000 214,000 946,000 281,000 Depreciation on plant and equipment (straight-line, time basis) Property taxes on building 146,000 194,000 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 $ 4,765,530 Total fixed costs $ 1,567,000 Total costs $ 6,332,530 Unit costs $ 301.55

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students