C. $42.00
Production cost per unit under variable costing = Direct materials + Direct labor + Variable overhead
Production cost per unit under variable costing = $18 + $13 + $11
Production cost per unit under variable costing = $42
Urban Company reports the following Information regarding its production cost Units produced Direct labor Direct materials...
Urban Company reports the following information regarding its production cost: Units produced 25,000 units Direct labor $ 18 per unit Direct materials $ 23 per unit Variable overhead $ 11 per unit Fixed overhead $ 115,000 in total Compute production cost per unit under variable costing.
Sea Company reports the following information regarding its production costs: Units produced Direct labor Direct materials Variable overhead Fixed overhead 58,000 units $ 51 per unit $ 44 per unit $ 33 per unit $145,000 in total Compute the product cost per unit under absorption costing. O 0 $44.00 0 $95.00 0 0 $130.50
Shore Company reports the following information regarding its production cost. Units produced 36,000 units Direct labor $ 31 per unit Direct materials $ 32 per unit Variable overhead $ 10 per unit Fixed overhead $ 102,920 in total Compute product cost per unit under absorption costing.
Shore Company reports the following information regarding its production cost. Units produced 42,000 units Direct labor $ 37 per unit Direct materials $ 38 per unit Variable overhead $ 294,000 in total Fixed overhead $ 108,920 in total Compute product cost per unit under absorption costing.
Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income using absorption costing.
6. (20 Points) Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income...
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.40 per unit $ 201,600 24,000 units Compute its product cost per unit under variable costing. (Round your final answer to 2 decimal places.) Total product cost per unit
Required information [The following information applies to the questions displayed below) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled 50 this year Units produced this year Units sold this year 31,000 units 18,600 units 15 per unit 17 per unit $ 5 Tier 3155,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $62 per unit and operating expenses are $260,000, compute the net income under variable...
Consider the following information: Number of units produced 2,000 units Direct materials cost : $8 per unit Direct labor cost : $12 per unit Variable manufacturing overhead $6 per unit Fixed manufacturing overhead $8,000 per unit Variable selling and administrative cost $2 per unit Fixed selling and administrative cost $6,000 Based on the information, what is the unit product cost under absorption costing system? O $26 O $30 O $28 O $32
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....