Question

1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,750 units

Answer 1

Answer: $‭‭450,225‬

Step-by-step explanation:

Product costs = Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= (21,750 * 7.80) + (21,750 * 4.80) + (21,750 * 2.30) + (21,750 * 5.80)

= 169,650 + 104,400 + 50,025 + ‭126,150‬

= $‭‭450,225‬