Schwiesow Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$7.05 Direct labor$3.50 Variable manufacturing overhead$1.65 Fixed manufacturing overhead $11,000Sales commissions$1.00 Variable administrative expense$0.40 Fixed selling and administrative expense $5,500If 4,000 units are sold, the total variable cost is closest to:
A. $48,800
B. $54,400
C. $57,600
D. $67,600
Answer: B
You might also like to view...
Which of the following is not an element of a case brief?
a. Facts b. Analysis c. Issues d. Judicial history e. Precedent
The disadvantage of maintaining enough manufacturing capacity to meet demand in any period is
A) much of the expensive capacity would go unused during most months when demand was lower. B) the expensive capacity would be used consistently throughout the year. C) most of the expensive capacity would still be used during most months when demand was lower. D) very low inventory costs because no inventory needs to be carried from period to period.
Manufacturing overhead costs are allocated to the Work-in-Process Inventory account by a debit to the Manufacturing Overhead account
Indicate whether the statement is true or false
All of the following are reasons why employers self-insure medical expense plans EXCEPT
A) to reduce certain costs, such as premium taxes and commissions. B) to provide mandated state benefits. C) to retain funds until needed to pay claims. D) to eliminate the need to comply with separate state laws.