managerial accounting i just need the answer for the ratio 446418
Aug 29, 2021 | Uncategorized
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The Dorilane Company specializes in producing a set of wood patio furniture consisting of a table and four chairs. The set enjoys great popularity, and the company has ample orders to keep production going at its full capacity of 4,100 sets per year. Annual cost data at full capacity follow:
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| Factory labor, direct |
$86,000 |
| Advertising |
$103,000 |
| Factory supervision |
$70,000 |
| Property taxes, factory building |
$24,000 |
| Sales commissions |
$62,000 |
| Insurance, factory |
$7,000 |
| Depreciation, administrative office equipment |
$2,000 |
| Lease cost, factory equipment |
$13,000 |
| Indirect materials, factory |
$18,000 |
| Depreciation, factory building |
$102,000 |
| Administrative office supplies (billing) |
$5,000 |
| Administrative office salaries |
$110,000 |
| Direct materials used (wood, bolts, etc.) |
$426,000 |
| Utilities, factory |
$50,000 |
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| Requirement 2: |
| Compute the average product cost of one patio set. (Round your answer to the nearest dollar amount. Omit the “$” sign in your response.) |
| Average product cost |
$ |
per patio set
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