Question

Check my work Coverall Inc, produces and sells a unique type of case for a standard-size tablet computer that is guaranteed waterproof but still allows for regular functionality of the tablet. The company has just opened a new plant to manufacture these cases, and the following cost and revenue data have been provided for the first month of the plant's operation in the form of a worksheet: Beginning inventory Units produced Units sold Selling price per unit 36,00e 23,000 92 ? $ 667 Selling and administrative expenses: Variable per unit Fixed (total) Manufacturing costs: Direct materials cost per unit Direct labour cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost (total) $1,044,000 Since the new case is unique in design, management is anxious to see how profitable it will be and has asked that an income statement be prepared for the month. Required: 1. Assume that the company uses absorption costing. a. Determine the unit product cost. Unit product cost < Prev 4 of 5 Next >

Answer 1

@ @ بر سر mu , usaling variable casting mw nu au Determination of unit Product cost w Particulans Amount() Direct material Direct labour variable manufacturing of unit Product cost 20

② leparation of a income statement new me contribution format for the month. Amoont (9) Sales (23,000 X92) 21.16.000 Less's variable cost of goods - sold opening inventary o Aad'; variable cost of goods 14.46.000 manufactured (36.000x41) - goods 14176.000 variable cost of quailable for sale Less; closing inventary (5,33,000) (9.43,000) (13,000 x 41) Gross Contribution margin 11,73,000 . selling Less; variable and Administration exp (1.61,000) (4x23,000) 10.12,000 contribution margin Less Fixed expenses manufacturing of exp 10,44.000 Bold me and 6,67,000 admin exp 17110.000 net operating income 6,99,000
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