(a) | |
Particulars | per Unit (in $ ) |
Direct materials | $ 6.80 |
Direct Labor | $ 3.60 |
Variable manufacturing overhead | $ 1.90 |
Fixed manufacturing overhead | $ 13.8 |
Total Cost per Unit | $ 26.10 |
x Units sold | 14,000 units |
Total Product cost | $ 365,400 |
(b) | |
Particulars | per Unit (in $ ) |
Direct materials | $ 6.80 |
Direct Labor | $ 3.60 |
Variable manufacturing overhead | $ 1.90 |
Sales commission | $ 0.80 |
Variable administrative expenses | $ 0.70 |
Total Variable Cost per unit sold | $ 13.80 |
(c ) | |
Total Variable cost = Units Sold x Variable Cost per unit = 14,000 units x $ 13.80 |
$ 193,200 |
(d) | |
Particulars | per Unit (in $ ) |
Selling price per unit | $ 19.60 |
Less: Variable cost per unit | ($ 13.80 ) |
Contribution Margin per unit | $ 5.80 |
(e) | |
Particulars | per Unit (in $ ) |
Direct materials | $ 6.80 |
Direct Labor | $ 3.60 |
Variable manufacturing overhead | $ 1.90 |
Incremental manufacturing cost | $ 12.30 |
Balerio Corporation's relevant range of activity is 12,000 units to 15,000 units. When it produces and...
Balerio Corporation's relevant range of activity is 10,000 units to 14,000 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 commissions Variable administrative expense Average Cost per Unit $ 6.80 $ 3.40 $ 1.70 $13.60 $ 2.40 $ 2.00 $ 0.50 $ 0.40 Required: a. For financial reporting purposes, what the total amount of product costs...
Balerio Corporation's relevant range of activity is 10,000 units to 14,000 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 commissions Variable administrative expense Average Cost per Unit $ 6.80 $ 3.40 $ 1.70 $13.60 $ 2.40 $ 2.00 $ 0.50 $ 0.40 Required: a. For financial reporting purposes, what is the total amount of product...
Balerio Corporation's relevant range of activity is 10,000 units to 15,000 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 commissions Variable administrative expense Average cost per Unit $ 7.40 $ 4.00 $ 1.30 $ 14.20 $ 2.70 $ 1.80 $ 0.60 $ 8.50 Required: a. For financial reporting purposes, what is the total amount of...
Balerio Corporation's relevant range of activity is 9,000 units to 14,000 units. When it produces and sells 11,000 units, its average costs per unit are as follows: Skipped Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 7.3 $ 3.90 $ 2.20 $14.10 $ 2.65 $ 1.70 $ 0.50 $ 8.40 Required: a. For financial reporting purposes, what is the total amount of...
Balerio Corporation's relevant range of activity is 9,000 units to 14,000 units. When it produces and sells 11,000 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 commissions Variable administrative expense Average Cost per Unit $ 7.30 $ 3.90 $ 2.20 $ 14.10 $ 2.65 $ 1.70 $8.50 $ 0.40 Required: a. For financial reporting purposes, what is the total amount of product...
Balerio Corporation's relevant range of activity is 9,000 units to 12,000 units. When it produces and sells 11,000 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 commissions Variable administrative expense Average Cost per Unit $ 6.50 $ 3.30 $ 1.60 $14.50 $ 2.85 $ 2.10 $ 0.50 $ 0.40 Required: a. For financial reporting purposes, what is the total amount of product...
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 8,000 units to 13,000 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.20 Direct labor $ 3.80 Variable manufacturing overhead $ 2.10 Fixed manufacturing overhead $ 14.00 Fixed selling expense $ 2.60 Fixed administrative expense $ 1.60 Sales commissions $ 0.40 Variable administrative expense $ 0.30 Required: a. For financial reporting purposes, what is the total amount of...
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...
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 Direct materials $ 6.40 Direct labor $ 3.00 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 13.20 Fixed selling expense $ 2.20 Fixed administrative expense $ 1.60 Sales commissions $ 0.60 Variable administrative expense $ 0.50 Required: a. For financial reporting purposes, what is the total amount of...