a | |||
Absorption costing: | |||
400 units | 800 units | 1600 units | |
Direct materials | 38 | 38 | 38 |
Direct labor | 50 | 50 | 50 |
Variable manufacturing overhead | 18 | 18 | 18 |
Fixed manufacturing overhead | 20 | 10 | 5 |
Total unit product cost | 126 | 116 | 111 |
b | |||
Variable costing: | |||
400 units | 800 units | 1600 units | |
Direct materials | 38 | 38 | 38 |
Direct labor | 50 | 50 | 50 |
Variable manufacturing overhead | 18 | 18 | 18 |
Total unit product cost | 106 | 106 | 106 |
Adams, Inc. has the following cost data for Product X: (Click on the icon to view...
Ace, Inc. has the following cost data for Product X: (Click on the icon to view the data.) Calculate the unit product cost using absorption costing and variable costing when production is 1,000 units, 2,200 units, and 4,400 units. Data Table Select the labels and enter the amounts to compute the unit product cost using absorption costing. (If a box is not used in the table, leave Direct materials 1,000 units 2,200 units 4,400 units Direct labor Direct materials Direct...
Mark Company had the following costs: (Click on the icon to view the data.) Calculate the unit product cost using absorption costing. Round your answer to the nearest cent. Select the labels and enter the amounts to compute the unit product cost using absorption costing. Absorption Costing Total unit product cost i Data Table Units produced 360 units Direct materials $ $ 64 per unit Direct labor 36 per unit 18 per unit 9,000 per year Variable manufacturing overhead Fixed...
Ayers, Inc. has the following cost data for Product X (Click on the icon to view the data) Calculate the unit product cost using absorption costing and variable costing when production is 600 units, 1,000 units, and 1.200 units Select the labels and enter the amounts to compute the unit product cost using absorption costing (if a box is not used in the table, leave the box empty, do not select a label or enter a zero) 600 units 1,000...
Newman, Inc. has collected the following data for November (there are no beginning inventories) (Click the icon to view the data.) Read the requirements: Requirement 1. Using absorption costing calculate the unit product cost. (Round your final answer to the nearest cent) Data Table Absorption costing Unit product cast Requirement 2. Prepare an income statement using the traditional format Newman, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Units produced and sold 700 units Sales price Direct...
Autumn, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Data Table d your final Units produced and sold Sales price Direct materials Direct labor 750 units 400 per unit 65 per unit 63 per unit 14 per unit 12,375 per month 50 per unit 5,100 per month Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs Print Done Requirement 1. Using...
Abbon, Inc. has the following cost data for Product X and unit product cost using absorption costing when production is 200 units 500 units and 1 000 units Click on the icon to view the cost data (Click on the icon to view the unit product cost data) Product X sells for $224 per unit Read the requirements Begin by selecting the labels and computing the grous profit for scenario a and the compute the gross profit for scenario bando...
Abbott, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. |(Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $179 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Abbott: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
Pierce Company had the following costs: Calculate the unit product cost using absorption costing and variable costing. Units produced 500 units Manufacturing costs: Direct materials Direct labor 25 per unit 45 per unit 15 per unit 5,000 per year Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative costs: Variable selling and administrative costs 30 per unit 3,200 per year Fixed selling and administrative costs 1. Pierce Company had the following costs: Click on the icon to view the data.)...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. (Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $162 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Ace: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
48 Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: Number of units produced 8,500 Variable costs per unit: Direct materials $ 146 Direct labor $ 72 Variable manufacturing overhead $ 11 Variable selling and administrative expenses $ 13 Fixed costs: Fixed manufacturing overhead $ 408,000 Fixed selling and administrative expenses $ 153,000 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption...