number 8 is already solved. I just need help with 9 and 10 Material cost = $25 per unitDirect labor cost = 2*$20 = $40Overhead expenses = 80% of $40 = $32Thus, total manufacturing cost = $25 + $40 +$32 = $97(Note: Fixed cost are not included inmanufacturing cost) 8. Tech Engineering in TN is making a product for the overseas market.The following cost data for the product has been compiled.ItemSelling priceMaterials and purchased partsDirect LaborCost$167$25/unit2 hrs at $20 per hour$1,400,000Fixed CostIf the overhead expenses are charged at 80 % of labor cost, determine the manufacturing cost perunit.9. Using the data from Question #8, what is the breakeven volume for the product?10. Using the data from Question #8, what is the profit per unit if 30,000 units are sold?

Here in this question we calculate the break even point and profit per unit Q.8 Manufacturing Cost…

8. Tech Engineering in TN is making a product for the overseas market. The following cost data for the product has been compiled. Cost $167 $25/unit 2 hrs at $20 per hour $1,400,000 Item Selling price Materials and purchased parts Direct Labor Fixed Cost If the overhead expenses are charged at 80 % of labor cost, determine the manufacturing cost per unit. 9. Using the data from Question # 8, what is the breakeven volume for the product? 10. Using the data from Question # 8, what is the profit per unit if 30,000 units are sold?

8. Tech Engineering in TN is making a product for the overseas market. The following cost data for the product has been compiled. Cost $167 $25/unit 2 hrs at $20 per hour $1,400,000 Item Selling price Materials and purchased parts Direct Labor Fixed Cost If the overhead expenses are charged at 80 % of labor cost, determine the manufacturing cost per unit. 9. Using the data from Question # 8, what is the breakeven volume for the product? 10. Using the data from Question # 8, what is the profit per unit if 30,000 units are sold?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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