Homework Answers
Answer) D) $134000
Explanations:
In Variable costing, the entire fixed cost is expensed in the current period irrespective of whether they are sold or not. Therefore profit will be lower in the current period under variable costing as compared to absorption costing.
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At the Kicher Company’s current activity level of 8,000 units
per month, the costs of producing and selling one unit of the
company’s only product are as follows:
Direct materials
$5.00
Direct labour
$6.00
Variable manufacturing overhead
$1.00
Fixed manufacturing overhead
$9.00
Variable selling and administrative expenses
$3.00
Fixed selling and administrative expenses
$4.00
The normal selling price is $26 per unit. An order has been
received from a potential customer overseas for 4,000 units at a
price of $24.00...
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please help thank you!
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At the Kicher Company’s current activity level of 8,000 units
per month, the costs of producing and selling one unit of the
company’s only product are as follows:
Direct materials
$5.00
Direct labour
$6.00
Variable manufacturing overhead
$1.00
Fixed manufacturing overhead
$9.00
Variable selling and administrative expenses
$3.00
Fixed selling and administrative expenses
$4.00
The normal selling price is $26 per unit. An order has been
received from a potential customer overseas for 4,000 units at a
price of $24.00...
Goshford Company produces a single product and has capacity to produce 185,000 units per month. Costs to produce its current sales of 148,000 units follow. The regular selling price of the product is $148 per unit. Management is approached by a new customer who wants to purchase 37,000 units of the product for $80.10 per unit. If the order is accepted, there will be no additional fixed manufacturing overhead and no additional fixed selling and administrative expenses. The customer is...
29 At the Kicher Company's current activity level of 8,000 units per month, the costs of producing and selling one unit of the company's only product are as follows: 01:06 14 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 35.00 $6.00 $1.00 $9.00 $3.00 $4.00 Print The normal selling price is $26 per unit. An order has been received from a potential customer overseas for 4,000 units at...
Required information SB Exercise 6-14 through Exercise 6-15 (Static) (The following information applies to the questions displayed below.] Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for last year's operations follow: 20,000 19,000 1,000 $ 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 Total variable cost per unit Fixed cost Faxed...
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please help thank you!
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