Homework Answers
--Requirement
| Units produced | 6,000 | 16,000 | 26,000 |
| Total Variable cost | $109,500 | $292,000 | $474,500 |
--Working
Variable cost = Units x Variable cost per unit
| Units produced | 6000 | 16000 | 26000 |
| Total Variable cost | =6000*18.25 | =16000*18.25 | =26000*18.25 |
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1
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1
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Problem 15-20 Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4 Vernon Publications established the following standard price and costs for a hardcover picture book that the company produces. $ 36.60 8.50 Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs Planned fixed costs Manufacturing overhead Selling, general, and administrative 3.80 5.60 6.40 $129,000 50,000 Vernon planned to make and sell 31,000 copies of the book. Required: a.-d. Prepare...
Problem 15-20 Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4 Vernon Publications established the following standard price and costs for a hardcover picture book that the company produces $ Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs Planned fixed costs Manufacturing Overhead Selling general, and administrative 36.60 8.50 3.80 5.50 6.40 $129,000 50.000 Vernon planned to make and sell 31.000 copies of the book. Required: a.-d. Prepare...
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