Total Variable cost depend on how many unit produced but variable cost per unit is fixed with in relevant range of production.
Total variable cost is vary with no of unit produced but not variable cost per unit
So above statement is False
The variable cost per unit depends on how many units are produced. True or False True...
Kubin Company’s relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Amount per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.50 Required:1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 22,000 units are produced and sold, what is the variable cost per unit produced and sold?3. If 18,000 units are produced...
eBook Show Me How Calculator 10,000 Units produced Units sold ($60 per unit) Variable costs per unit: 8,800 Direct materials Direct labor Variable overhead $12 $7 $5 Fixed costs: Fixed overhead per unit produced Fixed selling and administrative $8 $138,000 Required 1. Calculate the cost of goods sold under variable costing. Feedback Y Chack My Work Determine per-unit cost under variable costing and apply the unit cost to the number Cost of Goods Sold Units sold x Unit cost Check...
Within the relevant range, as the number of units produced increases: the variable cost per unit will increase O the fixed cost per unit will decrease O total variable costs will remain the same O total fixed costs will decrease
SALES PRICt/UNIT VAR COST/UNIT FIXED COST 100 1,000,000 How MANY UNITS HAVE TO BE SOLD IN ORDER FOR NIBT TO 50% OF GROSS PROFI PRODUCTS PER UNIT SALES PRICE PER UNIT VARIABLE COST PER UNIT GP PER UNIT FIXED COST PER UNIT NIBT 10 8 2 10 10 -2 WHICH PRODUCT OR PRODUCTS (IF ANY) NEEDS/ NEED TO BE REMOVED TO MAXIMIZE PROFIT (FIXED COST IS NOT ELIMINATED IF AN ITEM IS ELIMINATED)
SALES PRICt/UNIT VAR COST/UNIT FIXED COST 100...
4c) cost per unit produced and sold?
5a) If Dozier had produced 1001 units instead of 1000 units,
how much incremental manufacturering cost would it have incurred to
make the additional unit?
5a) Incremental cost per unit produced?
Dozier Company produced and sold 1,000 units during its first month of operations. t reported the following costs and expenses for the month: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense...
8) If 12,500 units are produced, what is the average fixed
manufacturing cost per unit produced?
9) If 8,000 units are produced, what is the
total amount of fixed manufacturing cost incurred to support this
level of production?
10) If 12,500 units are produced, what is the total
amount of fixed manufacturing cost incurred to support this level
of production?
11) If 8,000 units are produced, what is the total
amount of manufacturing overhead cost incurred to support this
level of production? What...
Hurst Company's standard variable materials cost per unit was $8. The actual materials cost per unit on production of 10,000 units was $8.22. Based on this information, Hurst Company incurred an unfavorable variable materials price variance of $2,200. true or false
Practice Question 07 X Variable costs have the same cost per unit no matter how many units. Delivery costs at Walco, Inc. appear below for specific months of operations: Month Amount Units Produced June $9,680 11,000 July $8,100 10,800 Which type of costs are delivery costs at Walco? Variable. Fixed. Mixed. Unable to determine the answer without more information.
Find Variable Cost per unit & Fixed Cost
Units Total Cost Produced July $45,784 20,970 August September 37,280 55,920 41,940 64,075 October 25,630 47,330 November 46,600 86,792 December 44,270 72.230
If unit sales prices are $22 and variable costs are $12 per unit, how many units would have to be sold to break-even if fixed costs equal $17,000? Multiple Choice 1,700 units 20,400 units 170,000 units 37,400 units