Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price $ 126
Units in beginning inventory 0
Units produced 1,900
Units sold 1,800
Units in ending inventory 100
Variable costs per unit:
Direct materials $ 49
Direct labor $ 28
Variable manufacturing overhead $ 5
Variable selling and administrative expense $ 11
Fixed costs:
Fixed manufacturing overhead $ 32,300
Fixed selling and administrative expense $ 23,400
The total contribution margin for the month under variable costing is:
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 126 Units in beginning inventory 0 Units produced 1,900 Units sold 1,800 Units in ending
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory ,900 1,800 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $32,300 Fixed selling and administrative expense $23,400 What is the net operating income for the month under variable costing? Multiple Choice 0 $5,400
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: 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 What is the total period cost for the month under variable costing? Multiple Choice
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 161 Units in beginning inventory 50 Units produced 1,550 Units sold 1,580 Units in ending inventory 20 Variable costs per unit: Direct materials $ 53 Direct labor $ 30 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $ 15,500 Fixed selling and administrative expense $ 39,500 What is the...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 98 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 2,990 410 $ $ 21 38 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 4 $44,600 $ 2,800 "he total contribution margin for the month under...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 102 Units in beginning inventory 0 Units produced 3,800 Units sold 3,230 Units in ending inventory 570 Variable costs per unit: Direct materials $ 18 Direct labor $ 38 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 64,200 Fixed selling and administrative expense $ 2,500 The total contribution...
Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 187 Units in beginning inventory 0 Units produced 3,440 Units sold 3,180 Units in ending inventory 260 Variable costs per unit: Direct materials $ 49 Direct labor $ 53 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 19 Fixed costs: Fixed manufacturing overhead $ 113,520 Fixed selling and administrative $ 9,540 Required: a. What is...
Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 138 Units in beginning inventory 0 Units produced 2,600 Units sold 2,310 Units in ending inventory 290 Variable costs per unit: Direct materials $ 49 Direct labor $ 27 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 6 Fixed costs: Fixed manufacturing overhead $ 36,400 Fixed selling and administrative expense $ 13,860 The total gross...
Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 122 Units in beginning inventory 290 Units produced 6,600 Units sold 6,590 Units in ending inventory 300 Variable costs per unit: Direct materials $ 42 Direct labor $ 26 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 21 Fixed costs: Fixed manufacturing overhead $ 151,800 Fixed selling and administrative expense $ 46,130 The company produces...
Duber Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in beginning inventory 0 Units produced 8,900 Units sold 8,400 Units in ending inventory 500 Variable costs per unit: Direct materials $ 38 Direct labor $ 36 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $ 151,300 Fixed selling and administrative expense $ 109,200 Calculate the unit product cost under variable costing. Prepare a contribution format income statement...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations. $133 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 7,000 6,800 200 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense 41 5 517 Fixed costs: $133,e88 34,e08 Fixed manufacturing overhead Fixed selling and administrative expense What is the total period cost for the month under absorption...