Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations:
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Homework Answers
Unit product cost under absorption costing = Direct material + Direct labour + Variable manufacturing overheads + (Fixed manufacturing overheads / Number of units produced)
= $108 + $51 + $7 + ($417,300 / 10,700)
= $205 per unit
2nd option
Unit product cost marginal costing = Direct material + Direct labour + Variable manufacturing overhead + Variable selling an administrative expense
= $26 + $56 + $20 + $20
= $122 per unit
1st option
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Beamish Inc., which produces a single product, has provided the following data for its most recent...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent...
Aaron Corporation, which has only one product, has provided the
following data concerning its most recent month of operations:
Aaron Corporation, which has orty one produet, has provided the following data concerring its most recent month of operations Selling price $ 179 Units in beginning inventory Unita produced Units sold Units in ending inventory 7,300 7,000 300 Variable costs per unit: Direct materials Direct labo: Variable manufacturing overhead Variable selling and administrative cxpense 32 62 26 26 Pixed costs: Pixed...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 98 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 2,990 410 $ $ 21 38 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 4 $44,600 $ 2,800 "he total contribution margin for the month under...
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...
Olds Inc., which produces a single product, has provided the following data for its most recent...
Olds Inc., which produces a single product, has provided the following data for its most recent month of operations: 5,900 $66 $60 Number of units produced 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 $7 $15 $200,600 $454,300 There were no beginning or ending inventories. The absorption costing unit product cost was O $126 per unit $167 per unit $133 per unit...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 102 Units in beginning inventory 0 Units produced 3,800 Units sold 3,230 Units in ending inventory 570 Variable costs per unit: Direct materials $ 18 Direct labor $ 38 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 64,200 Fixed selling and administrative expense $ 2,500 The total contribution...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 3,000 400 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 HAH $ $ 54,400 3,000 What is the net operating income for the month under variable...
Murphy Inc., which produces a single product, has provided the following data for its most recent...
Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: Number of units produced 7,000 Variable costs per unit: Direct materials $ 86 Direct labor $ 71 Variable manufacturing overhead $ 2 Variable selling and administrative expenses $ 7 Fixed costs: Fixed manufacturing overhead $ 378,000 Fixed selling and administrative expenses $ 98,000 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing....
Murphy Inc., which produces a single product, has provided the following data for its most recent...
Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: Number of units produced 7,000 Variable costs per unit: Direct materials $ 37 Direct labor $ 43 Variable manufacturing overhead $ 5 Variable selling and administrative expenses $ 1 Fixed costs: Fixed manufacturing overhead $ 84,000 Fixed selling and administrative expenses $ 119,000 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing....
Aaron Corporation, which has only one product, has provided the following data concerning its most recent...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 3,000 400 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $54,400 Fixed selling and administrative expense $ 3,000 What is the unit product cost for the month under absorption costing? Multiple...
11. A manufacturing company that produces a single product has provided the following data concerning its most recen...
11. 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 4,150 Units sold 4,050 Units in ending inventory 100 Variable costs per unit: Direct materials $ 44 Direct labor $ 46 Variable manufacturing overhead $ 9 Variable selling and administrative $ 7 Fixed costs: Fixed manufacturing overhead $ 87,150 Fixed selling and administrative $ 40,500 What is the variable costing unit product...
Aaron Corporation, which has only one product, has provided the
following data concerning its most recent month of operations:
Aaron Corporation, which has orty one produet, has provided the following data concerring its most recent month of operations Selling price $ 179 Units in beginning inventory Unita produced Units sold Units in ending inventory 7,300 7,000 300 Variable costs per unit: Direct materials Direct labo: Variable manufacturing overhead Variable selling and administrative cxpense 32 62 26 26 Pixed costs: Pixed...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 98 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 2,990 410 $ $ 21 38 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 4 $44,600 $ 2,800 "he total contribution margin for the month under...
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...
Olds Inc., which produces a single product, has provided the following data for its most recent month of operations: 5,900 $66 $60 Number of units produced 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 $7 $15 $200,600 $454,300 There were no beginning or ending inventories. The absorption costing unit product cost was O $126 per unit $167 per unit $133 per unit...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 3,000 400 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 HAH $ $ 54,400 3,000 What is the net operating income for the month under variable...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 3,000 400 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $54,400 Fixed selling and administrative expense $ 3,000 What is the unit product cost for the month under absorption costing? Multiple...
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