Homework Answers
Total fixed cost:
= 12,000 X ($6 + $4)
= $120,000
Variable cost per unit:
= $32 + $20 + $15 + $3
= $70
Total cost:
= [8,000 X ($32 + $20 + $15 + $3)] + $120,000
= $680,000
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3. Cole Co. plans to sell 12,000 units per month. The estimated units costs for Cole...
The estimated unit costs for a company to produce and sell aproduct at a level...
The estimated unit costs for a company to produce and sell a product at a level of 12,000 units per month are as follows: Cost Item Estimated Unit Cost Direct material $ 32 Direct labor 20 Variable manufacturing overhead 15 Fixed manufacturing overhead 6 Variable selling expenses 3 Fixed selling expenses 4 What are the estimated conversion costs per unit?
what are the estimated prime costs per unit
The estimated unit costs for a company to produce and sell a produce and sell a product at a level of 12,000 units per month are as followsCost itemEstimated Unit CostDirect material$32Direct labor20Variable manufacturing overhead 15Fixed manufacturing overhead6Variable selling expenses3Fixed selling expenses4What are the estimated prime costs per unit?(a)$76(b)$32(c)$52(d)$73(e)$67
product at a level of 12,000 $32 16. The estimated unit costs for a company to...
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The estimated unit costs for a company to produce and sell a product at a level of 13,600 units per month are a Cost Item Estimated Unit Cost $ 35 Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses What are the estimated variable costs per unit?
Newman Company expects to produce and sell 2,000 units next month. Data on costs follows: Per...
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At the Kicher Company’s current activity level of 8,000 units per month, the costs of producing...
At the Kicher Company’s current activity level of 8,000 units
per month, the costs of producing and selling one unit of the
company’s only product are as follows:
Direct materials
$5.00
Direct labour
$6.00
Variable manufacturing overhead
$1.00
Fixed manufacturing overhead
$9.00
Variable selling and administrative expenses
$3.00
Fixed selling and administrative expenses
$4.00
The normal selling price is $26 per unit. An order has been
received from a potential customer overseas for 4,000 units at a
price of $24.00...
The estimated unit cost for a company to produce and sell a product at a level...
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The estimated unit cost for CNR Inc. when its operating at a production and sales level...
The estimated unit cost for CNR Inc. when its operating at a production and sales level of 12,000 units, are as follows: Cost Item Estimated Unit Cost Direct Materials $32 Direct Labor Variable factory overhead Fixed Factory overhead Variable marketing Fixed marketing Required: a identify the estimated conversion cost per unit. b. Identify the estimated prime cost per unit c. Determine the estimated total variable cost per unit. d. Compute the total cost that would be incurred during a month...
Goshford Company produces a single product and has capacity to produce 140,000 units per month. Costs...
Goshford Company produces a single product and has capacity to produce 140,000 units per month. Costs to produce its current sales of 112,000 units follow. The regular selling price of the product is $136 per unit. Management is approached by a new customer who wants to purchase 28,000 units of the product for $79.20 per unit. If the order is accepted, there will be no additional fixed manufacturing overhead and no additional fixed selling and administrative expenses. The customer is...
29 At the Kicher Company's current activity level of 8,000 units per month, the costs of...
29 At the Kicher Company's current activity level of 8,000 units per month, the costs of producing and selling one unit of the company's only product are as follows: 01:06 14 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 35.00 $6.00 $1.00 $9.00 $3.00 $4.00 Print The normal selling price is $26 per unit. An order has been received from a potential customer overseas for 4,000 units at...
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The estimated unit costs for a company to produce and sell a product at a level of 13,600 units per month are a Cost Item Estimated Unit Cost $ 35 Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses What are the estimated variable costs per unit?
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At the Kicher Company’s current activity level of 8,000 units
per month, the costs of producing and selling one unit of the
company’s only product are as follows:
Direct materials
$5.00
Direct labour
$6.00
Variable manufacturing overhead
$1.00
Fixed manufacturing overhead
$9.00
Variable selling and administrative expenses
$3.00
Fixed selling and administrative expenses
$4.00
The normal selling price is $26 per unit. An order has been
received from a potential customer overseas for 4,000 units at a
price of $24.00...
The estimated unit cost for CNR Inc. when its operating at a production and sales level of 12,000 units, are as follows: Cost Item Estimated Unit Cost Direct Materials $32 Direct Labor Variable factory overhead Fixed Factory overhead Variable marketing Fixed marketing Required: a identify the estimated conversion cost per unit. b. Identify the estimated prime cost per unit c. Determine the estimated total variable cost per unit. d. Compute the total cost that would be incurred during a month...
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