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Question 2, Pre Test 24 Part 1 of 4 HW Score: 65.56%, 65.56 of 100 points Points: 0 of 20 0 Save Maryland Office Products (MOP) produces three different paper products at its Vaasa lumber plant Supreme, Deluxe and Regular. Each product has its own dedicated production line at the plant. It currently uses the following three-part classification for its manufacturing costs: direct materials, direct manufacturing labour and manufacturing overhead costs. Total manufacturing overhead costs of the plant in July 2014 are €150 million (€24 million of which are fixed). This total amount is allocated to each product line on the basis of the direct manufacturing labour costs of each line. Summary data (in millions) for July 2014 are as follows: (Click the icon to view the data.) ) Requirements 1. Compute the total manufacturing cost per unit for each product produced in July 2014. (Round your answers to the nearest cent.) 2. Suppose that in August 2014, production was 90 million units of Supreme, 180 million units of Deluxe and 190 million units of Regular. Why might the July 2014 information on manufacturing cost per unit be misleading when predicting total manufacturing costs in August 20147 Data table Requirement 1. Compute the total manufacturing cost per unit for each product produced in July 2014. (Complete the necessary drop downs.) Begin by determining the formula needed to calculate the total manufacturing cost per unit. = Total manufacturing cost per unit Supreme Deluxe Regular 84 € € 65 17 C 57 24 85 € Direct material costs € Direct manufacturing labour costs € Manufacturing overhead costs C Units produced 39 41 € f 24 50 140 110 ( Print Done Help me solve this Etext pages Calculator Clear all Check answer
mylab.pearson.com/Student/PlayerHomework.aspx?homeworkid=621878702&questionid=2&flushed=false&cld=6897705¢erwin=yes ACC 301 Managerial Accounting Spring 2021-22 HALUK ATA ÜNSAL 04/03/22 3:33 PM © = Homework: Homework 4 Chapter 2 Due 8th of Apr 15.00