Question

Intercontinental, Inc., provides you with the following data for its single product $ 50.00 1,350,000 1,800,000 Sales price p
0 0
Add a comment Improve this question Transcribed image text
Answer #1
300000 units 400000 units
Prime Cost per unit $            19.00 $             19.00
Contribution Margin per unit $            18.00 $             18.00
Gross Margin per unit $            16.00 $             17.50
Conversion Cost per unit $            22.00 $             20.50
Variable Cost per unit $            32.00 $             32.00
Full absorption Cost per unit $            34.00 $             32.50
Variable production cost per unit $            28.00 $             28.00
Full Cost per unit $            42.50 $             41.38

Working

300000 units 400000 units
Prime Cost per unit =7+12 =7+12
Contribution Margin per unit =50-(7+12+9+4) =50-(7+12+9+4)
Gross Margin per unit =50-(7+12+9+1800000/300000) =50-(7+12+9+1800000/400000)
Conversion Cost per unit =7+9+1800000/300000 =7+9+1800000/400000
Variable Cost per unit =7+12+9+4 =7+12+9+4
Full absorption Cost per unit =(7+12+9+1800000/300000) =(7+12+9+1800000/400000)
Variable production cost per unit =7+12+9 =7+12+9
Full Cost per unit =(7+12+9+1800000/300000+4+1350000/300000) =(7+12+9+1800000/300000+4+1350000/400000)

If you have any query, kindly comment with your query and please mark thumbs up

Add a comment
Know the answer?
Add Answer to:
Intercontinental, Inc., provides you with the following data for its single product $ 50.00 1,350,000 1,800,000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Intercontinental, Inc., provides you with the following data for its single product: 51.00 1,350,000 1,800,000 Sales...

    Intercontinental, Inc., provides you with the following data for its single product: 51.00 1,350,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 13.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are intermediate calculations. Round your answers to 2 decimal places.) s 300,000 units...

  • Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000...

    Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 12.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...

  • Intercontinental, Inc., provides you with the following data for its single product: 52.00 1,800,000 2,700,000 Sales...

    Intercontinental, Inc., provides you with the following data for its single product: 52.00 1,800,000 2,700,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 6.00 12.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...

  • Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...

    Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit Fixed costs (per month) 52.00 Selling, general, and administrative (SG&A) Manufacturing overhead 1,350,000 2,700,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead SG&A 7.00 12.00 10.00 5.00 Number of units produced per month 300,000 units Required Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...

  • Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...

    Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit $ 52.00 Fixed costs (per month): Selling, general, and administrative (SG&A) 1,350,000 Manufacturing overhead 2,700,000 Variable costs (per unit): Direct labor 8.00 Direct materials 12.00 Manufacturing overhead 10.00 SG&A 6.00 Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...

  • Intercontinental, Inc., provides you with the following data for its single product Sales price per unit...

    Intercontinental, Inc., provides you with the following data for its single product Sales price per unit Fixed costs (per month): 50.00 Selling, general, and administrative (SG&A) Manufacturing overhead 900,000 1,800,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead 7.00 11.00 10.00 4.00 SG&A Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...

  • Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...

    Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit $ 50.00 Fixed costs (per month): Selling, general, and administrative (SG&A) 900,000 Manufacturing overhead 2,700,000 Variable costs (per unit): Direct labor 8.00 Direct materials 12.00 Manufacturing overhead 10.00 SG&A 4.00 Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...

  • J Gold Metal Inc., provides you with the following data for their single product: Sales price...

    J Gold Metal Inc., provides you with the following data for their single product: Sales price per unit Fixed Costs (per month) 61 Selling, general, and administrative (SG&A) unit Manufacturing overhead 510,3o 4,082,40 Variable costs (per unit) Direct materials Direct labor Manufacturing overhead SG&A 1: 10 1: Number of units produced per month 255,150 unit Give the amounts for each of the following: a. Prime cost per unit. b. Contribution margin per unit. c. Gross margin per unit. d. Conversion...

  • 11. A manufacturing company that produces a single product has provided the following data concerning its most recen...

    11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:   Units in beginning inventory 0   Units produced 4,150   Units sold 4,050   Units in ending inventory 100 Variable costs per unit:   Direct materials $ 44   Direct labor $ 46   Variable manufacturing overhead $ 9 Variable selling and administrative $ 7 Fixed costs:   Fixed manufacturing overhead $ 87,150   Fixed selling and administrative $ 40,500 What is the variable costing unit product...

  • A manufacturing company that produces a single product has provided the following data concerning its most...

    A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT