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A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead $8 Variable selling and admin $5 Fixed costs: Fixed mfg overhead $92,000 Fixed selling and admin $40,000 What is the variable costing unit product cost for the month? $97 per unit...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead Variable selling and admin $8 $5 Fixed costs: Fixed mfg overhead Fixed selling and admin $92,000 $40,000 What is the total period cost for the month under absorption costing? $40,000 $60,000...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead Variable selling and admin $5 Fixed costs: Fixed mfg overhead $92,000 Fixed selling and admin $40,000 Assume that the sales price per unit is $180. Would absorption costing net income be...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 110 2,400 2,100 300 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense A $ $ 41 15 A A $ A $64,800 $ 8,400 The total gross...
10 A manufacturing company that produces a single product has provided the following data concerning its...
10 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Units in beginning inventory.... Units produced Units sold Units in ending inventory 6,700 6,500 200 Variable costs per unit S47 $44 S6 S5 Direct materials Direct labor Variable manufacturing overhead. Variable selling and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative $187,600 $71,500 What is the absorption costing unit product cost for the month? A. $102 B....
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 2,900 Units sold 2,600 Units in ending inventory 300 Variable costs per unit: Direct materials $ 49 Direct labor $ 58 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 11 Fixed costs: Fixed manufacturing overhead $ 55,100 Fixed selling and administrative expense $ 18,200 What is the absorption costing unit...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 0 7,300 7,200 100 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative, Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $29 $49 $5 $4 $94,900 $79,200 What is the absorption costing unit product cost for the month? OA. 596 per...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 133 7,000 6,800 200 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 57 $ 5 $133,000 $ 34,000 What is the total period cost for the...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $149 ____ _ _ Units in beginning inventory Units produced Units sold Units in ending inventory 2.770 2.520 250 | - Variable cost per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses $51 $20 $10 $12 $96.950 $35.280 The total gross margin for the...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead $8 Variable selling and admin $5 Fixed costs: Fixed mfg overhead $92,000 Fixed selling and admin $40,000 What is the variable costing unit product cost for the month? $97 per unit...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead Variable selling and admin $8 $5 Fixed costs: Fixed mfg overhead Fixed selling and admin $92,000 $40,000 What is the total period cost for the month under absorption costing? $40,000 $60,000...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead Variable selling and admin $5 Fixed costs: Fixed mfg overhead $92,000 Fixed selling and admin $40,000 Assume that the sales price per unit is $180. Would absorption costing net income be...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 110 2,400 2,100 300 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense A $ $ 41 15 A A $ A $64,800 $ 8,400 The total gross...
10 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Units in beginning inventory.... Units produced Units sold Units in ending inventory 6,700 6,500 200 Variable costs per unit S47 $44 S6 S5 Direct materials Direct labor Variable manufacturing overhead. Variable selling and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative $187,600 $71,500 What is the absorption costing unit product cost for the month? A. $102 B....
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 0 7,300 7,200 100 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative, Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $29 $49 $5 $4 $94,900 $79,200 What is the absorption costing unit product cost for the month? OA. 596 per...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 133 7,000 6,800 200 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 57 $ 5 $133,000 $ 34,000 What is the total period cost for the...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $149 ____ _ _ Units in beginning inventory Units produced Units sold Units in ending inventory 2.770 2.520 250 | - Variable cost per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses $51 $20 $10 $12 $96.950 $35.280 The total gross margin for the...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
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