A small plastic company manufactures three products Chevrolet, Vintage and Thermo. Theworkforce of the company can be divided into two groups; workers W1 earn salaries at therate of P 45.00 per hour while that of workers W2 is at P 55.00 per hour.Direct labor-hours perProductunitMaterial costper unitP 21.50P 15.75P 32.00The total overhead expenses of the factory for the current year is P 12,746,250.00Overhead cost is allocated based on direct labor cost.ThermoVintageChevroletW10.000.250.2018. The factory cost per unit of product Thermo isc. 39.72d. 79.125a. P43.87b. 93.00Totalannual output (units)120,000140,000100,000W20.400.000.10e. 81.74f. none of the above

For Thermo:Workers W1: 0.00 direct labor hours per unitWorkers W2: 0.40 direct labor hours per…

A small plastic company manufactures three products Chevrolet, Vintage and Thermo. The workforce of the company can be divided into two groups; workers W1 earn salaries at the rate of P 45.00 per hour while that of workers W2 is at P 55.00 per hour. Direct labor-hours per Product unit Material cost per unit P 21.50 P 15.75 W1 Thermo 0.00 0.25 Vintage Chevrolet P 32.00 0.20 The total overhead expenses of the factory for the current year is P 12,746,250.00 Overhead cost is allocated based on direct labor cost. 18. The factory cost per unit of product Thermo is a. P43.87 c. 39.72 93.00 d. 79.125 Total annual output (units) 120,000 140,000 100,000 W2 0.40 0.00 0.10 e. 81.74 f. none of the above

A small plastic company manufactures three products Chevrolet, Vintage and Thermo. The workforce of the company can be divided into two groups; workers W1 earn salaries at the rate of P 45.00 per hour while that of workers W2 is at P 55.00 per hour. Direct labor-hours per Product unit Material cost per unit P 21.50 P 15.75 W1 Thermo 0.00 0.25 Vintage Chevrolet P 32.00 0.20 The total overhead expenses of the factory for the current year is P 12,746,250.00 Overhead cost is allocated based on direct labor cost. 18. The factory cost per unit of product Thermo is a. P43.87 c. 39.72 93.00 d. 79.125 Total annual output (units) 120,000 140,000 100,000 W2 0.40 0.00 0.10 e. 81.74 f. none of the above

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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Similar questions

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