Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00...

Question

Question

Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00 Fixed Manufacturing

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Selling price per unit is 30

Variable cost per unit is 11.

Contribution margin per unit = sales price per unit - variable cost per unit

=30-11

=19

Contribution margin per unit is 19

Add a comment

Answer 2

Similar Homework Help Questions

Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00...

Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00 Fixed Manufacturing Overhead 40,000 Variable Selling expense 2.00 Fixed Selling expense 15,000 The Selling price per unit is $35.00 and the company made and sold 10,000 units. What is the gross profit per unit? Answer: age
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...

Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
n taition Per Unit Direct materials $6.00 Direct labor $3.50 Variable manufacturing overhead $1.50 Fixed manufacturing...

n taition Per Unit Direct materials $6.00 Direct labor $3.50 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $4.00 Fixed selling expense $3.00 Fixed administrative expense $2.00 Sales commissions $1.00 Variable administrative expense $0.50 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10.000 units? 3. If 8,000 units are sold, what is the variable...

Average Cost per Unit $7.00 4.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead...

Average Cost per Unit $7.00 4.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 1.56e s 5.e0 $3.50 $ 2.5e $1.0e 6.50 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. For financial accounting purposes, what is the...
Cost per Period Cost per Unit $7.35 $4.30 $1.60 Direct materials Direct labor Variable manufacturing overhead...

Cost per Period Cost per Unit $7.35 $4.30 $1.60 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $26,000 $0.80 $0.90 $ 6,000 If 6,500 units are sold, the total variable cost is closest to: Multiple Choice 0 $106.925 O $128.375 O $97,175 0 $86,125
Average Cost per Unit Direct materials $ 6.80 Direct labor $ 3.50 Variable manufacturing overhead $...

Average Cost per Unit Direct materials $ 6.80 Direct labor $ 3.50 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.75 Fixed administrative expense $ 0.60 Sales commissions $ 0.50 Variable administrative expense $ 0.50 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 4,000 units? c. If...

Direct material = $7 Direct Labor = $4 Variable Manufacturing Overhead = $2 Fixed Manufacturing Overhead...

Direct material = $7 Direct Labor = $4 Variable Manufacturing Overhead = $2 Fixed Manufacturing Overhead = $3 Fixed Selling Expense = $3 Fixed Admin Expense = $2 Sales commission = $1 Variable Admin Expense $.50 (Costs are when 10,000 units are produced and sold) Relevant range is 7,500-12,500 units 1) If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 2) If 12,500 units are produced, what is the average fixed manufacturing cost per...
Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $...

Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? 2. Assume the...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $...

Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17

poration has provia tion: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions...

poration has provia tion: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Cost per Unit Period $ 7.40 $ 3.65 $ 1.45 $24,200 $ 1.20 $ 0.75 $ 8,600 If the selling price is $27.90 per unit, the contribution margin per unit sold is closest to: Multiple Choice $13.45 O $7.05 $16.85 O $10.80

Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00...

Homework Answers