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Krepps Corporation produces a single product. Last year, Krepps manufactured 33,910 units and sold 28,100 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production costs for the year were as follows: Direct materials $ 170,000 Direct labor $ 110,000 Variable manufacturing overhead $ 200,000 Fixed manufacturing overhead $ 240,000 Sales totaled $825,000 for the year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29,700 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29,700 units. Production costs for the year were as follows: Direct materials $ 257,325 Direct labor $ 179,775 Variable manufacturing overhead $ 267,900 Fixed manufacturing overhead $ 634,500 Sales totaled $1,351,350 for the year, variable selling and administrative expenses totaled $151,470, and fixed selling and administrative expenses totaled $257,325. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
Krepps Corporation produces a single product. Last year, Krepps manufactured 34,930 units and sol... Krepps Corporation...
Krepps Corporation produces a single product. Last year, Krepps manufactured 34,930 units and sol... Krepps Corporation produces a single product. Last year, Krepps manufactured 34,930 units and sold 29,900 units. Production costs for the year were as follows: Direct materials $ 265,468 Direct labor $ 171,157 Variable manufacturing overhead $ 300,398 Fixed manufacturing overhead $ 454,090 Sales totaled $1,330,550 for the year, variable selling and administrative expenses totaled $170,430, and fixed selling and administrative expenses totaled $261,975. There was no...
Krepps Corporation produces a single product. Last year, Krepps manufactured 30,030 units and sold 24.700 units...
Krepps Corporation produces a single product. Last year, Krepps manufactured 30,030 units and sold 24.700 units Production costs for the year were as follows Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $243,243 $126, 126 $237,237 $420,420 Sales totaled $1,272,050 for the year, variable selling and administrative expenses totaled 5133,380, and fixed selling and administrative expenses totaled $195,195. There was no beginning inventory Assume that direct laboris a variable cost. Under absorption costing, the ending inventory for the...
Krepps Corporation produces a single product. Last year, Krepps manufactured 27,970 units and sold 22,200 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 27,970 units and sold 22,200 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $234,948 $131,459 $240,542 $335, 640 Sales totaled $1,043,400 for the year, variable selling and administrative expenses totaled $113,220, and fixed selling and administrative expenses totaled $198,587. There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory for...
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,040 units and sold 29,600 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,040 units and sold 29,600 units. Production costs for the year were as follows: Direct materials $ 266,304 Direct labor $ 157,680 Variable manufacturing overhead $ 297,840 Fixed manufacturing overhead $ 385,440 Sales totaled $1,450,400 for the year, variable selling and administrative expenses totaled $156,880, and fixed selling and administrative expenses totaled $255,792. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the...
Krepps Corporation produces a single product. Last year, Krepps manufactured 30,030 units and sold 24,700 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 30,030 units and sold 24,700 units. Production costs for the year were as follows: Direct materials $ 243,243 Direct labor $ 126,126 Variable manufacturing overhead $ 237,237 Fixed manufacturing overhead $ 420,420 Sales totaled $1,272,050 for the year, variable selling and administrative expenses totaled $133,380, and fixed selling and administrative expenses totaled $195,195. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the...
Carr Company produces a single product. During the past year, Carr manufactured 32,210 units and sold...
Carr Company produces a single product. During the past year, Carr manufactured 32,210 units and sold 26,700 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $241,575 $157,829 $251,238 $418,730 Sales were $1,241,550 for the year, variable selling and administrative expenses were $138,840, and fixed selling and administrative expenses were $199,702 There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory...
66 Aaron Corporation, which has only one product, has provided the following data concerning its most...
66 Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 127 Units in beginning inventory 0 Units produced 6,650 Units sold 6,350 Units in ending inventory 300 Variable costs per unit: Direct materials $ 19 Direct labor $ 49 Variable manufacturing overhead $ 13 Variable selling and administrative expense $ 13 Fixed costs: Fixed manufacturing overhead $ 179,550 Fixed selling and administrative expense $ 26,100 What is...
The Dorset Corporation produces and sells a single product. The following data refer to the year...
The Dorset Corporation produces and sells a single product. The following data refer to the year just completed: 34,100 28,100 452 $ Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed per year Manufacturing costs: Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead per year $ 23 $393,400 $ 208 $ 58 $ 38 $716,100 Assume that direct labor is...
Krepps Corporation produces a single product. Last year, Krepps manufactured 30,030 units and sold 24.700 units Production costs for the year were as follows Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $243,243 $126, 126 $237,237 $420,420 Sales totaled $1,272,050 for the year, variable selling and administrative expenses totaled 5133,380, and fixed selling and administrative expenses totaled $195,195. There was no beginning inventory Assume that direct laboris a variable cost. Under absorption costing, the ending inventory for the...
Krepps Corporation produces a single product. Last year, Krepps manufactured 27,970 units and sold 22,200 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $234,948 $131,459 $240,542 $335, 640 Sales totaled $1,043,400 for the year, variable selling and administrative expenses totaled $113,220, and fixed selling and administrative expenses totaled $198,587. There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory for...
Carr Company produces a single product. During the past year, Carr manufactured 32,210 units and sold 26,700 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $241,575 $157,829 $251,238 $418,730 Sales were $1,241,550 for the year, variable selling and administrative expenses were $138,840, and fixed selling and administrative expenses were $199,702 There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory...
The Dorset Corporation produces and sells a single product. The following data refer to the year just completed: 34,100 28,100 452 $ Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed per year Manufacturing costs: Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead per year $ 23 $393,400 $ 208 $ 58 $ 38 $716,100 Assume that direct labor is...
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