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Utease Corporation has several production plants nationwide. A newly opened plant in Dubuque produces and sells one product. The plant is treated, for responsibility accounting purposes, as a profit center. The unit standard costs for a production unit, with overhead applied based on direct labor hours, are as follows.
Manufacturing costs per unit based on expected activity of units or direct labor hours:
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Expected sales activity: units at $ per unit
Desired ending inventories: of sales
Assume this is the first year of operations for the Dubuque plant. During the year, the company had the following activity.
tableUnits produced,Units sold,Unit selling price,$