Hemlock Nutritional Supplements (HNS) provides you with the following accounting records on manufacturing cost for...

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Accounting

Hemlock Nutritional Supplements (HNS) provides you with the following accounting records on manufacturing cost for the most recent month:
Direct materials $ 126,000
Direct labor 105,000
Variable overhead 92,400
Production was 60,000 units (cases). Fixed manufacturing overhead was $144,000.
For the coming year, costs are expected to increase as follows: direct materials costs by 35 percent, excluding any effect of volume changes; direct labor by 14 percent; and fixed manufacturing overhead by 21.5 percent. Variable manufacturing overhead per unit is expected to remain the same.
Required:
Prepare a cost estimate for a volume level of 30,000 units of product in the upcoming month.
Determine the costs per unit for the most recent month and for the upcoming month.Hemlock Nutritional Supplements (HNS) provides you with the following accounting records on manufacturing cost for the most recent
month:
Production was 60,000 units (cases). Fixed manufacturing overhead was $144,000.
For the coming year, costs are expected to increase as follows: direct materials costs by 35 percent, excluding any effect of volume
changes; direct labor by 14 percent; and fixed manufacturing overhead by 21.5 percent. Variable manufacturing overhead per unit is
expected to remain the same.
Required:
a. Prepare a cost estimate for a volume level of 30,000 units of product in the upcoming month.
b. Determine the costs per unit for the most recent month and for the upcoming month.
Complete this question by entering your answers in the tabs below.requirea:
a. Prepare a cost estimate for a volume level of 30,000 units of product in the upcoming month.
b. Determine the costs per unit for the most recent month and for the upcoming month.
Complete this question by entering your answers in the tabs below.
Prepare a cost estimate for a volume level of 30,000 units of product in the upcoming month.
Note: Do not round intermediate calculations.PLEASE BE CLEAR WITH THE ANSWERS THAT ARE CALLED FOR. PLEASE MAKE SURE THEY ARE SHOWN AS THE FINAL ANSWER AND ARE CORRECT.
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