Glew Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $6.00 Direct labor $3.35 Variable manufacturing overhead $1.75 Fixed manufacturing overhead $8,800 Sales commissions $1.00 Variable administrative expense $0.40 Fixed selling and administrative expense $4,000 If 3,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:a. $9,600b. $6,400c. $5,600d. $4,000

Answer is not matched with given option

According to attached question answer is $53,200

Explanation:

Solution based on given data:

Direct materials $6.00 x 3000 =                             18,000

Direct labor $3.35 x 3000                                       10,050

Variable manufacturing overhead $1.75 x 3000     5,250

Fixed manufacturing overhead                                 8,800

Total Manufacturing Cost                                          42,100

* Options Given are inconsistent with the data provided, a similar question and its options are attached with this question and following answer is made accordingly. Please find that.

Solution based on attached question

Direct materials $6.00 x 3000 =                             24,000

Direct labor $3.35 x 3000                                       13,400

Variable manufacturing overhead $1.75 x 3000     7,000

Fixed manufacturing overhead                                 8,800

Total Manufacturing Cost                                          53,200

AOLC_{Allan}=$2750

AOLC_{Kara}=$2475

AOLC_{Allan}=$1000

AOLC_{Kara}=$780

Explanation:

American Opportunity Learning credit.

First, assuming Allan and Kara are eligible, we must know how the two forms of credit work. For the American Opportunity Learning credit (AOLC), it is possible to receive 100% of the tax deduction for the first 2000 and then 25% of the deduction up to a maximum of 2500. So, the amount of the opportunity credit for Allan and Kara is given by:

Now, for the American Lifetime Learning credit (ALLC), we have to allow 20% deduction  of taxes up to $2000 if the person meets the requirement of not earning more than 68000, then: