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UTease comprehensive question i 2 (1 Part 2 or 8 Required information...

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Accounting

UTease comprehensive question i
2
(1
Part 2 or 8
Required information
Comprehensive Problem 6(Algo)
[The following information applies to the questions displayed below.]
Utease Corporation has several production plants nationwide. A newly opened plant in Dubuque produces and sells one produet. 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 18,000 units or 36,000 direct labor hours):
Expected sales activity: 14,000 units at $380 per unit
Desired ending inventories: 12% of sales
Assume this is the first year of operations for the Dubuque plant. During the year, the company had the following activity.
\table[[Units produced,],[Units sold,17,0150],[Unir selling price,15,500],[Direct labor hours worked,375],[Direct labor costs,33,500],[Direct materials purchased,$1,373,500
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