Homework Answers
|
Contribution margin per unit = Selling price per unit - Variable costs per unit - waste disposal costs = 61. 20 - 11.40 - 2.80 = 47 |
|||
Add Answer to:
Under absorption costing, a company had the following per unit costs when 10,000 units were produced....
Ramort Company reports the following cost data for its single product. The company regularly sells 24,000...
Ramort Company reports the following cost data for its single product. The company regularly sells 24,000 units of its product at a price of $68.00 per unit. $ 10.80 per unit $ 12.80 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 3.80 per unit $ 78,400 $ 2.80 per unit $ 66,000 24,000 units Compute contribution...
The following annual per unit cost data at an activity level of 10,000 units has been...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. the company produces and sells only one product. ($ per unit) sales 150.00 direct labor 15.00 direct material 18.00 variable manufacturing overhead 7.50 fixed manufacturing overhead 50.00 variable selling expense 1.50 fixed selling expenses 40.00 fixed administrative expenses 15.00 the relevant range is 8,000-13,000 at the current level of activity, calculate the following: total sales revenue: total contribution margin: total fixed expenses:...
The following annual per unit cost data at an activity level of 10,000 units has been...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product. $ Per Unit Sales 150.00 Direct labor Direct material Variable manufacturing overhead 15.00 18.00 7.50 50.00 1.50 Fixed manufacturing overhead Variable selling expenses Fixed selling expenses 40.00 Fixed administrative expenses 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x,xxx The company is considering a...
The following annual per unit cost data at an activity level of 10,000 units has been...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product 5 Per Unit 150.00 15.00 18.00 7.50 Sales Direct labor Direct material Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 50.00 1.50 40.00 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x.xxx The company is considering a...
Kubick Company produced 10,000 units and sold 9,000 units Sales price $9 per unit Costs were...
Kubick Company produced 10,000 units and sold 9,000 units Sales price $9 per unit Costs were as follows: Direct materials $1.00 per unit Direct labor $1.50 per unit Variable manufacturing overhead $.50 per unit Fixed manufacturing overhead total $20,000 Variable selling expense $.80 per unit Fixed administrative expense total $17,000 There was no beginning inventory. Determine cost of goods sold using the absorption-costing approach. Group of answer choices
The following annual per unit cost data at an activity level of 10,000 units has been...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product.: $ Per Unit Sales 150.00 Direct labor Direct material 15.00 18.00 7.50 Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 50.00 1.50 40.00 ... 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x.xxx At the current level...
The following annual per unit cost data at an activity level of 10,000 units has been...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product. $ Per Unit 150.00 15.00 18.00 Sales Direct labor Direct material Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 7.50 50.00 1.50 40.00 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: Sx.xxx The company is considering an...
Balerio Corporation's relevant range of activity is 10,000 units to 13,000 units. When it produces and...
Balerio Corporation's relevant range of activity is 10,000 units to 13,000 units. When it produces and sells 12,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales connessions Variable administrative expense Average Cost per Unit $ 6.60 $ 3.40 $ 1.70 $ 13.60 $ 2.90 $ 2.20 $ 0.60 0.50 Required: a. For financial reporting purposes, what is the total amount of product...
Balerio Corporation's relevant range of activity is 6,000 units to 10,000 units. When it produces and...
Balerio Corporation's relevant range of activity is 6,000 units to 10,000 units. When it produces and sells 8,000 units, its average costs per unit are as follows: Average Cost per Unit $ 6.40 $ 3.00 $ 1.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense $13.20 $ 2.20 $ 1.60 $ 0.60 $ 0.50 Sales commissions Variable administrative expense Required: a. For financial reporting purposes, what is the total amount of product...
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information...
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....
Ramort Company reports the following cost data for its single product. The company regularly sells 24,000 units of its product at a price of $68.00 per unit. $ 10.80 per unit $ 12.80 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 3.80 per unit $ 78,400 $ 2.80 per unit $ 66,000 24,000 units Compute contribution...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product. $ Per Unit Sales 150.00 Direct labor Direct material Variable manufacturing overhead 15.00 18.00 7.50 50.00 1.50 Fixed manufacturing overhead Variable selling expenses Fixed selling expenses 40.00 Fixed administrative expenses 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x,xxx The company is considering a...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product 5 Per Unit 150.00 15.00 18.00 7.50 Sales Direct labor Direct material Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 50.00 1.50 40.00 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x.xxx The company is considering a...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product.: $ Per Unit Sales 150.00 Direct labor Direct material 15.00 18.00 7.50 Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 50.00 1.50 40.00 ... 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: $x.xxx At the current level...
The following annual per unit cost data at an activity level of 10,000 units has been provided below. The company produces and sells only one product. $ Per Unit 150.00 15.00 18.00 Sales Direct labor Direct material Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Fixed administrative expenses 7.50 50.00 1.50 40.00 15.00 The relevant range is 8,000 - 13,000 units. You must enter your answer in the following format: Sx.xxx The company is considering an...
Balerio Corporation's relevant range of activity is 10,000 units to 13,000 units. When it produces and sells 12,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales connessions Variable administrative expense Average Cost per Unit $ 6.60 $ 3.40 $ 1.70 $ 13.60 $ 2.90 $ 2.20 $ 0.60 0.50 Required: a. For financial reporting purposes, what is the total amount of product...
Balerio Corporation's relevant range of activity is 6,000 units to 10,000 units. When it produces and sells 8,000 units, its average costs per unit are as follows: Average Cost per Unit $ 6.40 $ 3.00 $ 1.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense $13.20 $ 2.20 $ 1.60 $ 0.60 $ 0.50 Sales commissions Variable administrative expense Required: a. For financial reporting purposes, what is the total amount of product...
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 $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Most questions answered within 3 hours.
-
could someone please post clear drawings of the three structures
in the equilibrium mixture of D-glucose...
asked 46 seconds ago -
What is experiential learning and how is it helpful for teaching
leadership, and interpreting group dynamics?...
asked 3 minutes ago -
A security awareness policy defines the responsibilities of
managers and information owners.
True
False
asked 5 minutes ago -
Using the Properties of Order show that 5n5 +
4n4 + 6n3 + 2n2+ n +...
asked 4 minutes ago -
which is the equilibrium expression for the reaction
3A(g)+4B(g)<---> 2C(g)+5D(g)
asked 6 minutes ago -
Create a balanced compensation plan that you feel would
encourage a restaurant manager to be more...
asked 13 minutes ago -
Re: Human Physiology
Comment on the differences between representing V02 max as an
absolute number and...
asked 16 minutes ago -
A firm with a WACC of 10% is considering the following mutually
exclusive projects:
0
1...
asked 20 minutes ago -
. A 100.0 mL sample of 0.18 M HClO4 is titrated with 0.27 M
LiOH. Determine...
asked 43 minutes ago -
A regression equation that describes the relationship between
the amount of the bill ($) at a...
asked 1 hour ago -
exercise on VSEPR and molecular structrue.
octahedral
SeCl62-
TeCl62-
ClF62-
distorted
SeF62–
IF6–
asked 2 hours ago -
284 mL of a 0.52 M potassium hydroxide solution is added to 467
mL of a...
asked 2 hours ago