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Kate's Kale Chips produces a healthy snack made primarily of kale. Each bag of the...

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Accounting

Kate's Kale Chips produces a healthy snack made primarily of kale. Each bag of the product sells for $5. The company computes
the manufacturing overhead rate on a quarterly basis based upon the planned number of units to be produced that quarter. The
following data are from the projections of Kate's Kale Chips for the upcoming quarter:
Sales
Production
Variable manufacturing cost per bag
Sales and distribution costs per bag
Total fixed manufacturing overhead
Fixed administrative overhead
Projections
22,500 bags
24,500 bags
$2.50
$0.40
$49,000
$20,500
Required:
Compute the projected product cost per bag produced under full costing.
Compute the projected product cost per bag under variable costing.
(Round your answers to 2 decimal places.)
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