Urban Company reports the following information regarding its production cost: Units produced 25,000 units Direct labor...
Urban Company reports the following information regarding its
production cost:
| Units produced | 25,000 | units | |
| Direct labor | $ | 18 | per unit |
| Direct materials | $ | 23 | per unit |
| Variable overhead | $ | 11 | per unit |
| Fixed overhead | $ | 115,000 | in total |
Compute production cost per unit under variable costing.
Homework Answers
production cost per unit under variable costing=Direct materials+Direct labor+Variable overhead
=(18+23+11) per unit
which is equal to
=$52 per unit.
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Urban Company reports the following information regarding its
production cost:
Units produced
25,000
units
Direct labor...
Urban Company reports the following Information regarding its production cost Units produced Direct labor Direct materials...
Urban Company reports the following Information regarding its production cost Units produced Direct labor Direct materials Variable overhead Fixed overhead S 20,000 units 13 per unit 18 per unit 11 per unit $110,000 in total Compute production cost per unit under variable costing Multiple Choice $18.00 O 0 $3650 o Compute production cost per unit under variable costing Multiple Choice o O s18.00 o О 536 50 o О 34200 o О 31300 o С этоо
Shore Company reports the following information regarding its production cost. Units produced 36,000 units Direct labor...
Shore Company reports the following information regarding its production cost. Units produced 36,000 units Direct labor $ 31 per unit Direct materials $ 32 per unit Variable overhead $ 10 per unit Fixed overhead $ 102,920 in total Compute product cost per unit under absorption costing.
Shore Company reports the following information regarding its production cost. Units produced 42,000 units Direct labor...
Shore Company reports the following information regarding its production cost. Units produced 42,000 units Direct labor $ 37 per unit Direct materials $ 38 per unit Variable overhead $ 294,000 in total Fixed overhead $ 108,920 in total Compute product cost per unit under absorption costing.
Sea Company reports the following information regarding its production costs: Units produced Direct labor Direct materials...
Sea Company reports the following information regarding its production costs: Units produced Direct labor Direct materials Variable overhead Fixed overhead 58,000 units $ 51 per unit $ 44 per unit $ 33 per unit $145,000 in total Compute the product cost per unit under absorption costing. O 0 $44.00 0 $95.00 0 0 $130.50
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40...
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.40 per unit $ 201,600 24,000 units Compute its product cost per unit under variable costing. (Round your final answer to 2 decimal places.) Total product cost per unit
Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price...
Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income using absorption costing.
QS 18-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information...
QS 18-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information regarding its production costs. $ $ 9.40 per unit 19.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 9.40 per unit $103,600 14,000 units Compute its product cost per unit under variable costing. Product cost per unit
6. (20 Points) Lukin Corporation reports the following first year production cost information: Units produced Units...
6. (20 Points) Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income...
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information...
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information regarding its production costs. Direct materials 9.70 per unit 19.70 per unit Direct labor Overhead costs for the year Variable overhead 9.70 per unit $130,900 17,000 units Fixed overhead Units produced Compute its product cost per unit under absorption costing. Product cost per unit
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information...
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Urban Company reports the following Information regarding its production cost Units produced Direct labor Direct materials Variable overhead Fixed overhead S 20,000 units 13 per unit 18 per unit 11 per unit $110,000 in total Compute production cost per unit under variable costing Multiple Choice $18.00 O 0 $3650 o Compute production cost per unit under variable costing Multiple Choice o O s18.00 o О 536 50 o О 34200 o О 31300 o С этоо
Sea Company reports the following information regarding its production costs: Units produced Direct labor Direct materials Variable overhead Fixed overhead 58,000 units $ 51 per unit $ 44 per unit $ 33 per unit $145,000 in total Compute the product cost per unit under absorption costing. O 0 $44.00 0 $95.00 0 0 $130.50
Vijay Company reports the following information regarding its production costs. $ 10.40 per unit $ 20.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.40 per unit $ 201,600 24,000 units Compute its product cost per unit under variable costing. (Round your final answer to 2 decimal places.) Total product cost per unit
Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income using absorption costing.
QS 18-18B Computing unit cost under variable costing LO P5 Vijay Company reports the following information regarding its production costs. $ $ 9.40 per unit 19.40 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 9.40 per unit $103,600 14,000 units Compute its product cost per unit under variable costing. Product cost per unit
6. (20 Points) Lukin Corporation reports the following first year production cost information: Units produced Units sold Sales price Direct labor Direct materials Variable overhead Fixed overhead Operating expenses 62,000 units 59,000 units $350 per unit $41 per unit $15 per unit $9,300,000 in total $4,340,000 in total $1,000,000 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Determine the net income using variable costing. d. Determine the net income...
QS 18-17B Computing unit cost under absorption costing LO P5 Vijay Company reports the following information regarding its production costs. Direct materials 9.70 per unit 19.70 per unit Direct labor Overhead costs for the year Variable overhead 9.70 per unit $130,900 17,000 units Fixed overhead Units produced Compute its product cost per unit under absorption costing. Product cost per unit
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
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