Business, 20.05.2020 12:57 bethanymorris155

High Tech Manufacturing Inc., incurred total indirect manufacturing labor costs of $ 540 comma 000. The company is labor intensive. Total labor hours during the period were 4 comma 100. Using qualitative analysis, the manager and the management accountant determine that over the period the indirect manufacturing labor costs are mixed costs with only one cost . They separated the total indirect manufacturing labor costs into costs that are fixed ($ 140 comma 000 based on 8 comma 100 hours of labor) and costs that are variable ($ 400 comma 000 )based on the number of laborminushours used. The company has estimated 7 comma 700 labor hours during the next period. What will be the total cost for the estimated 7 comma 700 hours? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

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High Tech Manufacturing Inc., incurred total indirect manufacturing labor costs of $ 540 comma 000....

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