Grover Company has the following data for the production and
sale of 1,100 units.
Sales price per unit | $ | 850 | per unit |
Fixed costs: | |||
Marketing and administrative | $ | 520,000 | per period |
Manufacturing overhead | $ | 170,500 | per period |
Variable costs: | |||
Marketing and administrative | $ | 60 | per unit |
Manufacturing overhead | $ | 90 | per unit |
Direct labor | $ | 110 | per unit |
Direct Materials | $ | 160 | per unit |
What is the prime cost per unit?
prime cost per unit=Direct materials+Direct labor
=160+110
which is equal to
=$270 per unit
Grover Company has the following data for the production and sale of 1,100 units. Sales...
Grover Company has the following data for the production and sale of 1,600 units. Sales price per unit $ 900 per unit Fixed costs: Marketing and administrative $ 304,000 per period Manufacturing overhead $ 288,000 per period Variable costs: Marketing and administrative $ 60 per unit Manufacturing overhead $ 90 per unit Direct labor $ 110 per unit Direct materials $ 210 per unit What is the variable manufacturing cost per unit? Multiple Choice $410 $470 $590 $840
Grover Company has the following data for the production and sale of 1,000 units. Sales price per unit $ 800 per unit Fixed costs: Marketing and administrative $ 510,000 per period Manufacturing overhead $ 150,000 per period Variable costs: Marketing and administrative $ 55 per unit Manufacturing overhead $ 85 per unit Direct labor $ 105 per unit Direct Materials $ 150 per unit What is the prime cost per unit? Multiple Choice $490 $105 $255 $235
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Grover Company has the following data for the production and sale of 1,500 units. $ 850 per unit $ 270,000 per period $ 262,500 per period Sales price per unit Fixed costs: Marketing and administrative Manufacturing overhead Variable costs: Marketing and administrative Manufacturing overhead Direct labor Direct materials A A 55 per unit 85 per unit 105 per unit 200 per unit $ $ What is the full cost per unit of making and selling the product? Multiple Choice $620...
Grover Company has the following data for the production and sale of 2,000 units. Sales price per unit $ 800 per unit Fixed costs: Marketing and administrative $ 400,000 per period Manufacturing overhead $ 200,000 per period Variable costs: Marketing and administrative $ 50 per unit Manufacturing overhead $ 80 per unit Direct labor $ 100 per unit Direct materials $ 200 per unit What is the variable manufacturing cost per unit? A. $730 B. $480 C. $380 D....
Grover Company has the following data for the production and sale of 2,300 units. Sales price per unit $ 950 per unit Fixed costs: Marketing and administrative $ 529,000 per period Manufacturing overhead $ 253,000 per period Variable costs: Marketing and administrative $ 65 per unit Manufacturing overhead $ 95 per unit Direct labor $ 115 per unit Direct materials $ 230 per unit What is the contribution margin per unit? Multiple Choice $105 $445 $400 $505
4.Grover Company has the following data for the production and sale of 2,000 units. Sales price per unit $ 800 per unit Fixed costs: Marketing and administrative $ 400,000 per period Manufacturing overhead $ 200,000 per period Variable costs: Marketing and administrative $ 50 per unit Manufacturing overhead $ 80 per unit Direct labor $ 100 per unit Direct Materials $ 200 per unit What is the conversion cost per unit?(1.5 Points) $100 $180 $280 $380
1. Grover Company has the following data for the production and sale of 2,000 units. Sales price per unit $ 800 per unit Fixed costs: Marketing and administrative $ 400,000 per period Manufacturing overhead $ 200,000 per period Variable costs: Marketing and administrative $ 50 per unit Manufacturing overhead $ 80 per unit Direct labor $ 100 per unit Direct Materials $ 200 per unit What is the prime cost per unit? a.) $100 b.) $280 c.) $300 d.)...
Grover Company has the following data for the production and sale of 1,700 units. 900 per unit $580,000 per period $314,500 per period Sales price per unit Fixed costs: Marketing and administrative Manufacturing overhead Variable costs: Marketing and administrative Manufacturing overhead Direct labor Direct Materials A A A A 65 per unit 95 per unit 115 per unit 220 per unit What is the conversion cost per unit? Multiple Choice $395 $115 $210 $430
lagan, Inc. has collected the following data. (There are no beginning inventories.) Units produced Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 700 units $110 per unit $20 per unit $11 per unit $8 per unit $17,200 per year $5 per unit $11,100 per year What is the ending balance in Finished Goods Inventory using variable costing if 400 units are sold? O A. $5,700 OB....