The company has manufacturing costs which consist only of fixed and variable costs (no step costs, no non linear costs). When they produced 206093 units their fixed manufacturing costs were found to be 849,237, while total manufacturing costs per unit were 13. How much would their costs be expected to be for 206,581 units?
Total Manufacturing Cost | $ 2,682,838.46 |
Total Manufacturing Cost per unit [2682838.46/206851] | $ 13 |
Working:
Total Manufacturing Costs [206093*13] | $ 2,678,507.00 |
Less: TotalFixed Costs | $ (849,237.00) |
Total Variable Costs | $ 1,829,270.00 |
Variable cost per Unit [1829270/206093] | $ 8.88 |
Total Variable Costs [206851*8.88] | $ 1,833,601.46 |
Total fixed costs | $ 849,237.00 |
Total Manufacturing Cost | $ 2,682,838.46 |
Total Manufacturing Cost per unit [2682838.46/206851] | $ 13 |
The company has manufacturing costs which consist only of fixed and variable costs (no step costs,...
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JB Company has fixed costs of $300,000. Total costs, both fixed and variable, are $378,000 when 40,000 units are produced. How much is the variable cost per unit? (Please round to the nearest cent.) $2.78 $7.50 $9 45 $1.95
Andee Company spends $5.94 in variable costs for each product produced. Fixed manufacturing overhead costs are $116,579 a year. This year, they produced 10,000 units. What is the average TOTAL cost per unit produced?
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117.Lee Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $95 Units in beginning inventory Units produced Units sold Units in ending inventory 100 6,200 5,900 400 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $62,000 35,400 The company produces the same number of...
Andee Company spends $3.55 in variable costs for each product produced. Fixed manufacturing overhead costs are $112,123 a year. This year, they produced 10,000 units. What is the average TOTAL cost per unit produced? Your answer should be input to two decimal places, without using a dollar sign or commas. (HINT: TOTAL cost is made up of fixed costs and variable costs) When you are done with this Brain Booster, click on "modules" on the left hand navigation menu to...
Engineering Economics
A manufacturing company is producing a product with variable cost of $6/unit, fixed costs of $70,000, and selling price of $13/unit. a. How many units should the company produce and how much must the sales be to break-even? b. Compute the Marginal Contribution Rate for this line of production. c. The manager demanded $100,000 profit, how many units must the company produce to reach the manager's goal if the variable cost per unit remains $6 and the price...
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3. Production costs...
how to solve 5678?
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Variable manufacturing costs are $150 per unit, and fixed manufacturing costs are $75,000. Sales are estimated to be 6,000 units. How much would variable costing operating income differ between a plan to produce 6,000 units and a plan to produce 7,500 units? a. $15,000 b. $18,750 c. $225,000 d. No difference
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