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Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
The first posted answer is correct:
Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
The first posted answer is correct:
Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
The first posted answer is correct:
Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
The first posted answer is correct:
Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
The first posted answer is correct:
Total unit product cost = Direct materials + Direct labor + Variable manufacturing overhead
Total unit product cost = $70 + $55 + $20
Total unit product cost = $145
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Mentor Corp. has provided the following information for the current year Units produced Sale price 3,500...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor...
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor $15 per unit Variable manufacturing overhead $10 per unit Fixed manufacturing overhead $150,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $75,000 per year Calculate the unit product cost using variable costing.
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor...
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor $15 per unit Variable manufacturing overhead $10 per unit Fixed manufacturing overhead $150,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $75,000 per year Calculate the unit product cost using absorntion costing
Assume the following information for a company that produced and sold 10,000 units during Year 1....
Assume the following information for a company that produced and sold 10,000 units during Year 1. It also produced 15,000 units and sold 12,000 units during Year 2, while producing 12,000 units and selling 15,000 units in year 3. Per Unit Per Year • $240 Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Fixed selling and administrative expense $ 75 $ 55 $ 10 $ 11 $450,000 $150,000 Using absorption costing, what is the...
Hayes Inc. provided the following information for the current year: Beginning inventory Units produced Units sold...
Hayes Inc. provided the following information for the current year: Beginning inventory Units produced Units sold Selling price Direct materials Direct labor manufacturing overhead Fixed manufacturing overhead Variable selling/administrative costs Fixed selling/administrative costs 230 units 880 units 934 units 280/unit $ 48/unit $ 29/unit $ 28/unit $39,600/year $ 21/unit $28,500/year What is the unit product cost for the year using absorption costing?
Assume the following information for a company that produced 10,000 units and sold 8,000 units during...
Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed selling and administrative expense Fixed manufacturing overhead Per Unt $200 $ 75 $ 50 $ 8 $ 8 Using variable costing, what is the net operating income for the second year of operations?...
Grover Company has the following data for the production and sale of 1,000 units. Sales...
Grover Company has the following data for the production and sale of 1,000 units. Sales price per unit $ 800 per unit Fixed costs: Marketing and administrative $ 510,000 per period Manufacturing overhead $ 150,000 per period Variable costs: Marketing and administrative $ 55 per unit Manufacturing overhead $ 85 per unit Direct labor $ 105 per unit Direct Materials $ 150 per unit What is the prime cost per unit? Multiple Choice $490 $105 $255 $235
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...
Bryans Corporation has provided the following data for its two most recent years of operation: Selling...
Bryans Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 53 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $ 13 Direct labor $ 6 Variable manufacturing overhead $ 5 Fixed manufacturing overhead per year $ 63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold $ 4 Fixed selling and administrative expense per year $ 71,000 Year 1 Year 2 Units in beginning inventory...
Assume that a company produced 10,000 units and sold 8,000 units during its first year of...
Assume that a company produced 10,000 units and sold 8,000 units during its first year of operations. It has also provided the following information: Per Year Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Fixed selling and administrative expense Per Unit $240 $ 85 $ 60 $ 10 $ 11 $ 2 $ 250,000 If the company's unit product cost under absorption costing is $194, then what is the amount of fixed manufacturing overhead...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor $15 per unit Variable manufacturing overhead $10 per unit Fixed manufacturing overhead $150,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $75,000 per year Calculate the unit product cost using variable costing.
Units produced 2,500 units Sale price $100 per unit Direct materials $30 per unit Direct labor $15 per unit Variable manufacturing overhead $10 per unit Fixed manufacturing overhead $150,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $75,000 per year Calculate the unit product cost using absorntion costing
Assume the following information for a company that produced and sold 10,000 units during Year 1. It also produced 15,000 units and sold 12,000 units during Year 2, while producing 12,000 units and selling 15,000 units in year 3. Per Unit Per Year • $240 Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Fixed selling and administrative expense $ 75 $ 55 $ 10 $ 11 $450,000 $150,000 Using absorption costing, what is the...
Hayes Inc. provided the following information for the current year: Beginning inventory Units produced Units sold Selling price Direct materials Direct labor manufacturing overhead Fixed manufacturing overhead Variable selling/administrative costs Fixed selling/administrative costs 230 units 880 units 934 units 280/unit $ 48/unit $ 29/unit $ 28/unit $39,600/year $ 21/unit $28,500/year What is the unit product cost for the year using absorption costing?
Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed selling and administrative expense Fixed manufacturing overhead Per Unt $200 $ 75 $ 50 $ 8 $ 8 Using variable costing, what is the net operating income for the second year of operations?...
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...
Assume that a company produced 10,000 units and sold 8,000 units during its first year of operations. It has also provided the following information: Per Year Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Fixed selling and administrative expense Per Unit $240 $ 85 $ 60 $ 10 $ 11 $ 2 $ 250,000 If the company's unit product cost under absorption costing is $194, then what is the amount of fixed manufacturing overhead...
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