Gibson Manufacturing Company produced 2.600 units of inventory in January 2018. It expects to produce...
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Accounting
Gibson Manufacturing Company produced 2.600 units of inventory in January 2018. It expects to produce an additional 9,100 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 11700 units. Direct materials and direct labor costs are $74 and $67 per unit, respectively. Gibson expects to incur the following manufacturing overhead costs during the 2018 accounting period: points Production supplies Supervisor salary Depreciation on upent Utilities Rental fee on manufacturing facilities $ 5,100 175.000 125.000 34,000 292,700 Required a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is umber of units b. Determine the cost of the 2.600 units of product made in January Reference Complete this question by entering your answers in the tabs below. Required A Required B Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver number of units. (Round your answer to 2 decimal places) Gibson Manufacturing Company produced 2.600 units of inventory in January 2018. It expects to produce an additional 9,100 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 11,700 units. Direct materials and direct labor costs are $74 and $67 per unit, respectively. Gibson expects to incur the following manufacturing overhead costs during the 2018 accounting period: Production supplies Supervisor salary Depreciation on equipment $ 5,100 175.000 125.000 34.000 292,700 Rental fee on manufacturing facilities Required a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units b. Determine the cost of the 2.600 units of product made in January Complete this question by entering your answers in the tabs below. Required A red Determine the cost of the 2.000 units of product made in January


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