If a company produces 2000 units of a product and the unit selling price is $8...
If a company produces 2000 units of a product and the unit selling price is $8 while the cost per unit is $3, what is the company profit?
Homework Answers
Total cost = cost per unit * number of units = $3 * 2,000 = $6,000.
Total revenue = selling price per unit * number of units = $8 * 2,000 = $16,000.
Total profit = Total revenue - total cost = $16,000 - $6,000 = $10,000.
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Delta Company produces a single product. The cost of producing
and selling a single unit of this product at the company’s normal
activity level of 103,200 units per year is:
Direct materials
$
2.30
Direct labor
$
2.00
Variable manufacturing overhead
$
0.70
Fixed manufacturing overhead
$
5.25
Variable selling and administrative expenses
$
2.00
Fixed selling and administrative expenses
$
1.00
The normal selling price is $19.00 per unit. The company’s
capacity is 132,000 units per year. An order...
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Direct materials
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Direct labor
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Variable manufacturing overhead
$
0.70
Fixed manufacturing overhead
$
5.25
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$
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capacity is 132,000 units per year. An order...
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