Lagle Corporation has provided the following information:
Cost per Unit | Cost per Period | ||||
Direct materials | $ | 4.55 | |||
Direct labor | $ | 3.30 | |||
Variable manufacturing overhead | $ | 1.25 | |||
Fixed manufacturing overhead | $ | 11,000 | |||
Sales commissions | $ | 1.30 | |||
Variable administrative expense | $ | 0.35 | |||
Fixed selling and administrative expense | $ | 4,200 | |||
If 6,000 units are sold, the total variable cost is closest to:
Ans-If 6,000 units are sold, the total variable cost is closet to be as follow:-
Direct materials | $4.55 |
Direct labor | $3.30 |
Variable manufacturing overhead | $1.25 |
Sales commission | $1.30 |
Variable administrative expenses | $0.35 |
Total variable cost per unit | $10.75 |
Units sold | 6,000 |
Total variable cost (6,000units *$10.75) | $64,500 |
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Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.15 Direct labor $ 3.70 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 6,300 Sales commissions $ 1.60 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 3,600 If 3,500 units are sold, the total variable cost is closest to:
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 4.65 Direct labor $ 3.50 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 14,400 Sales commissions $ 1.50 Variable administrative expense $ 0.45 Fixed selling and administrative expense $ 6,300 For financial reporting purposes, the total amount of period costs incurred to sell 6,000 units is closest to: Multiple Choice $18,000 $11,700 $6,300 $14,400
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Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.25 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 7,200 Sales commissions $ 1.80 Variable administrative expense $ 0.30 Fixed selling and administrative expense $ 6,600 If 4,500 units are sold, the variable cost per unit sold is closest to:
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