Homework Answers
Solution :
The product cost per unit under Variable costing is = $ 38.20
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.
Add Answer to:
QS 18-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information...
21-Homework Saved He Qs 21-18B Computing unit cost under variable costing LO P5 Vijay Company reports...
21-Homework Saved He Qs 21-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information regarding its production costs $ 9.50 per unit Direct materials Direct labor Overhead costs for the year S 19.50 Per unit Variable overhead $ 9.50 per unit Fixed overhead $112,500 Units produced 15,000 units Compute its product cost per unit under variable costing K Prev 14 of 15 BE! Next > here to search
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information...
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information regarding its production costs. Direct materials 9.70 per unit 19.70 per unit Direct labor Overhead costs for the year Variable overhead 9.70 per unit $130,900 17,000 units Fixed overhead Units produced Compute its product cost per unit under absorption costing. Product cost per unit
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information...
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40...
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.40 per unit $ 201,600 24,000 units Compute its product cost per unit under variable costing. (Round your final answer to 2 decimal places.) Total product cost per unit
Exercise 06-2 Computing unit and inventory costs under variable costing LO P1 Trio Company reports the following i...
Exercise 06-2 Computing unit and inventory costs under variable costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing $ 15 per unit 16 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units 4 per unit $ 160,000 per year 20,800 units...
Exercise 06-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the...
Exercise 06-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. 15 per unit 16 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units 4 per unit $ 160,000 per year 20,000 units 14,000 units 6,000 units 1. Compute the product cost...
QS 19-5 Absorption costing and gross margin LO P2 Ramort Company reports the following cost data...
QS 19-5 Absorption costing and gross margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60 per unit. 10 per unit 12 per unit $ Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) 3 per unit $40,000 $ 2 per unit...
QS 18-19B Variable costing income statement LO P5 Aces Inc., a manufacturer of tennis rackets, began...
QS 18-19B Variable costing income statement LO P5 Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,800 rackets and sold 5,700. Each racket was sold at a price of $98. Fixed overhead costs are $93,840, and fixed selling and administrative costs are $66,000. The company also reports the following per unit costs for the year: Variable production costs Variable selling and administrative expenses $ 25.80 $ 2.80 Required: Prepare an income statement under variable...
Check my 2 Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 125...
Check my 2 Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 125 points Trio Company reports the following information for the current year, which is its first year of operations. (Round intermediate calculations and final answers to two decimal places.) eBook $ 9.00 per unit 10.00 per unit Hint Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Unito old this year Ending finished goods inventory in units...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on its product. 1.25 points eBook Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Target markup $ 52.00 per unit $ 12.20 per unit $ 6.20 per unit $ 2.20 per unit 30 % Hint Ask Print Compute the target selling price per unit under absorption costing. References Target selling price per unit
21-Homework Saved He Qs 21-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information regarding its production costs $ 9.50 per unit Direct materials Direct labor Overhead costs for the year S 19.50 Per unit Variable overhead $ 9.50 per unit Fixed overhead $112,500 Units produced 15,000 units Compute its product cost per unit under variable costing K Prev 14 of 15 BE! Next > here to search
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information regarding its production costs. Direct materials 9.70 per unit 19.70 per unit Direct labor Overhead costs for the year Variable overhead 9.70 per unit $130,900 17,000 units Fixed overhead Units produced Compute its product cost per unit under absorption costing. Product cost per unit
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.40 per unit $ 201,600 24,000 units Compute its product cost per unit under variable costing. (Round your final answer to 2 decimal places.) Total product cost per unit
Exercise 06-2 Computing unit and inventory costs under variable costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing $ 15 per unit 16 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units 4 per unit $ 160,000 per year 20,800 units...
Exercise 06-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. 15 per unit 16 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units 4 per unit $ 160,000 per year 20,000 units 14,000 units 6,000 units 1. Compute the product cost...
QS 19-5 Absorption costing and gross margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60 per unit. 10 per unit 12 per unit $ Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) 3 per unit $40,000 $ 2 per unit...
QS 18-19B Variable costing income statement LO P5 Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,800 rackets and sold 5,700. Each racket was sold at a price of $98. Fixed overhead costs are $93,840, and fixed selling and administrative costs are $66,000. The company also reports the following per unit costs for the year: Variable production costs Variable selling and administrative expenses $ 25.80 $ 2.80 Required: Prepare an income statement under variable...
Check my 2 Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 125 points Trio Company reports the following information for the current year, which is its first year of operations. (Round intermediate calculations and final answers to two decimal places.) eBook $ 9.00 per unit 10.00 per unit Hint Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Unito old this year Ending finished goods inventory in units...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on its product. 1.25 points eBook Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Target markup $ 52.00 per unit $ 12.20 per unit $ 6.20 per unit $ 2.20 per unit 30 % Hint Ask Print Compute the target selling price per unit under absorption costing. References Target selling price per unit
Most questions answered within 3 hours.
-
Assume that the population of Mexico is 128
million and that the population increases 1.01
percentannually....
asked 18 minutes ago -
Can someone please help me add appropriate descriptive
comments to each line of code in the...
asked 24 minutes ago -
Romeo wishes to throw a bouquet of flowers to Juliet, who is on
a second-story balcony,...
asked 1 hour ago -
Why is QE a controversial monetary policy tool.
A. It may lead to excessive inflation.B. By...
asked 1 hour ago -
Principles of Programming midterm study guide help!
1.)
______ Which of the following would reference the...
asked 1 hour ago -
A finite potential well has depth U0 = 2.78 eV . What is the
penetration distance...
asked 2 hours ago -
1. The bus bars of a power station are in two sections A and B
separated...
asked 2 hours ago -
Fiscal policy is the deliberate manipulation of taxes and
government spending to alter GDP, employment, inflation...
asked 2 hours ago -
evaluating an expression using only one digit and + and - as
operators ....3+5-1+7-5+8
-----------------------
stack...
asked 3 hours ago -
Two concentric current loops lie in the same plane. The smaller
loop has a radius of...
asked 3 hours ago -
1)Which of the following is an
important difference between qualified and nonqualified retirement
plans?
a. Qualified...
asked 3 hours ago -
What's the streaming business's problem on the
horizon?
asked 4 hours ago