Runner Stage Supplies is a manufacturer of a specialized type of light used in theaters. Information...
Runner Stage Supplies is a manufacturer of a specialized type of light used in theaters. Information on the first 3 years of business is as follows:
| 2017 | 2018 | 2019 | Total | |
| Units Sold | $4,850 | $4,850 | $4,850 | $14,550 |
| Units Produced | $4,850 | $5,820 | $3,880 | $14,550 |
| Fixed Production Cost | $65,766 | $65,766 | $65,766 | |
| Variable Production Costs per Unit | $69 | $69 | $69 | |
| Selling Price per Unit | $211 | $211 | $211 | |
| Fixed Selling and Administrative Expenses | $4,630 | $4,630 | $4,630 |
| 2017 | 2018 | 2019 | |
| Cost per unit | |||
| Net profit | 618,304 | 629,265 | 607,343 |
| Ending inventory | 0 | 77,891 | 0 |
I need the cost per unit
Homework Answers
| 2017 | 2018 | 2019 | Total | ||||
| Units Sold | 4,850 | 4,850 | 4,850 | 14,550 | |||
| Units Produced | 4,850 | 5,820 | 3,880 | 14,550 | |||
| Fixed Production Cost | 65,766 | 65,766 | 65,766 | ||||
| Variable Production Costs per Unit | 69.00 | 69.00 | 69.00 | ||||
| Selling Price per Unit | 211.00 | 211.00 | 211.00 | ||||
| Fixed Selling and Administrative Expenses | 4,630 | 4,630 | 4,630 | ||||
| 2017 | 2018 | 2019 | |||||
| Cost per unit: | |||||||
| Variable Production Costs per Unit | 334,650 | 401,580 | 267,720 | (Unit Produced*Variable Cost PU) | |||
| Fixed Production Cost | 65,766 | 65,766 | 65,766 | ||||
| Total Cost | 400,416 | 467,346 | 333,486 | ||||
| Units Produced | 4,850 | 5,820 | 3,880 | ||||
| Cost Per Unit | 82.56 | 80.30 | 85.95 | (Total Cost/Units Produced) | |||
| Sales (Units Sold*211) | 1,023,350 | 1,023,350 | 1,023,350 | ||||
| Less: Cost PU*Units Sold | 400,416 | 389,455 | 411,377 | ||||
| Less: Fixed S&A Exp | 4,630 | 4,630 | 4,630 | ||||
| Net Profit | 618,304 | 629,265 | 607,343 | ||||
| Opening Inventory | - | 970 | |||||
| Units Sold | 4,850 | 4,850 | 4,850 | ||||
| Units Produced | 4,850 | 5,820 | 3,880 | ||||
| Closing Inventory | - | 970 | - | ||||
| Ending inventory | - | 77,891 | - | ||||
| (Cost PU*Closing Inventory) | |||||||
Add Answer to:
Runner Stage Supplies is a manufacturer of a specialized type of
light used in theaters. Information...
Runner Stage Supplies is a manufacturer of a specialized type of light used in theaters. Information...
Runner Stage Supplies is a manufacturer of a specialized type
of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,850
4,850
4,850
14,550
Units produced
4,850
5,820
3,880
14,550
Fixed production costs
$65,766
$65,766
$65,766
Variable production costs per unit
$69
$69
$69
Selling price per unit
$211
$211
$211
Fixed selling and administrative expense
$4,630
$4,630
$4,630
(a)
Calculate profit and the value of ending inventory...
Accustart Stage Supplies is a manufacturer of a specialized type of light used in theaters. Information on th...
Accustart Stage Supplies is a manufacturer of a specialized
type of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,650
4,650
4,650
13,950
Units produced
4,650
5,580
3,720
13,950
Fixed production costs
$62,496
$62,496
$62,496
Variable production costs per unit
$78
$78
$78
Selling price per unit
$229
$229
$229
Fixed selling and administrative expense
$4,700
$4,700
$4,700
(a)
Calculate profit and the value of ending inventory...
Accustart Stage Supplies is a manufacturer of a specialized type of light used in theaters. Information on th...
Accustart Stage Supplies is a manufacturer of a specialized
type of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,650
4,650
4,650
13,950
Units produced
4,650
5,580
3,720
13,950
Fixed production costs
$62,496
$62,496
$62,496
Variable production costs per unit
$78
$78
$78
Selling price per unit
$229
$229
$229
Fixed selling and administrative expense
$4,700
$4,700
$4,700
(a)
Your answer is partially correct. Try again.
Calculate...
The following information is available for Pembina Pools, a manufacturer of above-ground swimming pool kits: Total...
The following information is available for Pembina Pools, a manufacturer of above-ground swimming pool kits: Total 21,000 21,000 Units produced Units sold Selling price per unit Direct material per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per year Fixed selling and administrative expense per year 2017 12,690 10,500 $3,780 $770 $1,700 $289 $2,550,690 $1,492,000 2018 8,310 10,500 $3,780 $ 770 $1,700 $289 $2,550,690 $1,492,000 In its first year of operation, the company produced 12,690...
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture...
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture of certain special-duty auto transmissions used primarily for police and military applications. The part sells for $63 per unit and had sales of 24,400 units in the current year, 2018. STI has no inventory on hand at the beginning of 2018 and is projecting sales of 27,200 units in 2019. STI is planning the same production level for 2019 as in 2018, 25,800 units....
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture...
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture of certain special-duty auto transmissions used primarily for police and military applications. The part sells for $65 per unit and had sales of 24,500 units in the current year, 2018. STI has no inventory on hand at the beginning of 2018 and is projecting sales of 27,500 units in 2019. STI is planning the same production level for 2019 as in 2018, 26,000 units....
Required information The following information applies to the questions displayed below) Dowell Company produces a single...
Required information The following information applies to the questions displayed below) Dowell Company produces a single product. Its Income statements under absorption costing for its first two years of operation follow 2018 2019 Sales ($44 per unit) $1,056,000 $1,936.000 Cost of goods sold ($29 per unit 696,000 1,275,000 Gross margin 360,000 660,000 Selling and administrative expenses 299,000 344.000 Net income $ 61,000 $316,000 Additional information a. Sales and production data for these first two years follow Units produced Units sold...
Required information (The following information applies to the questions displayed below) Dowell Company produces a single...
Required information (The following information applies to the questions displayed below) Dowell Company produces a single product. It income statements under absorption costing for its first two years of operation follow 2018 2019 Sales ($44 per unit) $1,056,000 $1,936,000 Cost of goods sold ($29 per unit) 696,000 1,276,000 Gross margin 360,000 660,000 Selling and administrative expenses 299.000 344,000 Net Income 61,000 $ 316,000 Additional Information a. Sales and production data for these first two years follow. Units produced Units sold...
Required information [The following information applies to the questions displayed below.] Dowell Company produces a single...
Required information [The following information applies to the questions displayed below.] Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow. 2018 2019 Sales ($48 per unit) $ 1,152,000 $ 2,112,000 Cost of goods sold ($33 per unit) 792,000 1,452,000 Gross margin 360,000 660,000 Selling and administrative expenses 282,000 317,000 Net income $ 78,000 $ 343,000 Additional Information Sales and production data for these first two years follow. 2018 2019...
Required information [The following information applies to the questions displayed below.] Dowell Company produces a single...
Required information [The following information applies to the questions displayed below.] Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow Sales ($44 per unit) cout of goods sold ($29 per unit) Gross margin Selling and administrative expenses Net income 2018 2019 $880,000 $1,760,000 580,000 1,160,000 300,000 600,000 285,000 325,000 $ 15,000 $275,000 Additional Information a. Sales and production data for these first two years follow. Units produced 2018 30,000...
Runner Stage Supplies is a manufacturer of a specialized type
of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,850
4,850
4,850
14,550
Units produced
4,850
5,820
3,880
14,550
Fixed production costs
$65,766
$65,766
$65,766
Variable production costs per unit
$69
$69
$69
Selling price per unit
$211
$211
$211
Fixed selling and administrative expense
$4,630
$4,630
$4,630
(a)
Calculate profit and the value of ending inventory...
Accustart Stage Supplies is a manufacturer of a specialized
type of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,650
4,650
4,650
13,950
Units produced
4,650
5,580
3,720
13,950
Fixed production costs
$62,496
$62,496
$62,496
Variable production costs per unit
$78
$78
$78
Selling price per unit
$229
$229
$229
Fixed selling and administrative expense
$4,700
$4,700
$4,700
(a)
Calculate profit and the value of ending inventory...
Accustart Stage Supplies is a manufacturer of a specialized
type of light used in theaters. Information on the first 3 years of
business is as follows:
2017
2018
2019
Total
Units sold
4,650
4,650
4,650
13,950
Units produced
4,650
5,580
3,720
13,950
Fixed production costs
$62,496
$62,496
$62,496
Variable production costs per unit
$78
$78
$78
Selling price per unit
$229
$229
$229
Fixed selling and administrative expense
$4,700
$4,700
$4,700
(a)
Your answer is partially correct. Try again.
Calculate...
The following information is available for Pembina Pools, a manufacturer of above-ground swimming pool kits: Total 21,000 21,000 Units produced Units sold Selling price per unit Direct material per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per year Fixed selling and administrative expense per year 2017 12,690 10,500 $3,780 $770 $1,700 $289 $2,550,690 $1,492,000 2018 8,310 10,500 $3,780 $ 770 $1,700 $289 $2,550,690 $1,492,000 In its first year of operation, the company produced 12,690...
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture of certain special-duty auto transmissions used primarily for police and military applications. The part sells for $65 per unit and had sales of 24,500 units in the current year, 2018. STI has no inventory on hand at the beginning of 2018 and is projecting sales of 27,500 units in 2019. STI is planning the same production level for 2019 as in 2018, 26,000 units....
Required information The following information applies to the questions displayed below) Dowell Company produces a single product. Its Income statements under absorption costing for its first two years of operation follow 2018 2019 Sales ($44 per unit) $1,056,000 $1,936.000 Cost of goods sold ($29 per unit 696,000 1,275,000 Gross margin 360,000 660,000 Selling and administrative expenses 299,000 344.000 Net income $ 61,000 $316,000 Additional information a. Sales and production data for these first two years follow Units produced Units sold...
Required information (The following information applies to the questions displayed below) Dowell Company produces a single product. It income statements under absorption costing for its first two years of operation follow 2018 2019 Sales ($44 per unit) $1,056,000 $1,936,000 Cost of goods sold ($29 per unit) 696,000 1,276,000 Gross margin 360,000 660,000 Selling and administrative expenses 299.000 344,000 Net Income 61,000 $ 316,000 Additional Information a. Sales and production data for these first two years follow. Units produced Units sold...
Required information [The following information applies to the questions displayed below.] Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow Sales ($44 per unit) cout of goods sold ($29 per unit) Gross margin Selling and administrative expenses Net income 2018 2019 $880,000 $1,760,000 580,000 1,160,000 300,000 600,000 285,000 325,000 $ 15,000 $275,000 Additional Information a. Sales and production data for these first two years follow. Units produced 2018 30,000...
Most questions answered within 3 hours.
-
The CFO is conducting a meeting and she says "we shouldn't
accept this project because we...
asked 14 seconds ago -
Hello, regarding the photoelectric effect I had a couple
questions:
Red light is shining on a...
asked 14 minutes ago -
build a sample navigation Sprite in css ?
asked 13 minutes ago -
Please write a C# program for an concert sale with the
requirements below in Console Form:...
asked 16 minutes ago -
use linux follow instructions , put the commands at each step
and screenshot at each step...
asked 29 minutes ago -
Suppose producer’s production function let q(K, E) =
K0.5E0.5
Suppose producer’s cost function if w=w’ and...
asked 25 minutes ago -
Using the information given below for the fictitious country
"Alpha," find the national saving rate.
...
asked 16 minutes ago -
What is the advantage(s) of using iPS instead of ES cells for stem
cell therapies?
asked 26 minutes ago -
1. The return on assets
(ROA) for XYZ Hospital Systems Inc, below, for the year 20XX
was...
asked 28 minutes ago -
Chelsea, a vegan woman, has just found out she is pregnant. What
nutrient deficiencies are common...
asked 24 minutes ago -
1.
In the laws of optics experiment, a student measured the
intensity of a light source...
asked 32 minutes ago -
What is the length of a box in which the minimum energy of an
electron is...
asked 34 minutes ago