Products C Direct materials $ 16.90 $ 20.80 $ 13.80 $ 16.50 Direct labor 18.90 22.30 16.70 10.70 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 5.70 6.90 9.40 6.40 28.80 15.70 15.80 17.80 70.30 65.70 55.70 51.40 dditional data concerning these products are listed below. Products Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 2.10 1.15 0.70 1.00 $ 85.20 $ 2.65 $ 77.60 $3.35 3,300 $ 74.40 $ 4.10 $ 69.10 $ 4.80 5,300 4,300 3,300 e grinding machines are potentially the constraint in the production facility. A total of 10,500 minutes are available per

Products C Direct materials $ 16.90 $ 20.80 $ 13.80 $ 16.50 Direct labor 18.90 22.30 16.70 10.70 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 5.70 6.90 9.40 6.40 28.80 15.70 15.80 17.80 70.30 65.70 55.70 51.40 dditional data concerning these products are listed below. Products Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 2.10 1.15 0.70 1.00 $ 85.20 $ 2.65 $ 77.60 $3.35 3,300 $ 74.40 $ 4.10 $ 69.10 $ 4.80 5,300 4,300 3,300 e grinding machines are potentially the constraint in the production facility. A total of 10,500 minutes are available per

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
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