ZuoTi.Pro
Question

Aaker Corporation, which has only one product, has provided the following data concerning its most recent...

Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $188 Units in beginning inventory 0 Units produced 10,450 Units sold 9,980 Units in ending inventory 470 Variable costs per unit: Direct materials $41 Direct labor $72 Variable manufacturing overhead $18 Variable selling and administrative $18 Fixed costs: Fixed manufacturing overhead $271,700 Fixed selling and administrative $189,620 What is the unit product cost for the month under absorption costing?

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Fixed manufacturing overhead is treated as product cost under absorption costing

Unit product cost

= Direct Materials 41 + Direct Labor 72 + Variable moh 18 + Fixed moh (271,700/10,450)

= 41+72+18+26

= 157

0 0
Add a comment
Know the answer?
Add Answer to:
Aaker Corporation, which has only one product, has provided the following data concerning its most recent...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

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

  • Aaron Corporation, which has only one product, has provided the following data concerning its most recent...

    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...

  • Maher Corporation, which has only one product, has provided the following data concerning its most recent...

    Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 192 Units in beginning inventory 0 Units produced 3,660 Units sold 3,430 Units in ending inventory 230 Variable costs per unit: Direct materials $ 52 Direct labor $ 53 Variable manufacturing overhead $ 15 Variable selling and administrative expense $ 18 Fixed costs: Fixed manufacturing overhead $ 135,420 Fixed selling and administrative expense $ 13,720 Required: a. What...

  • Duber Corporation, which has only one product, has provided the following data concerning its most recent...

    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...

  • Maher Corporation, which has only one product, has provided the following data concerning its most recent...

    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...

  • Maher Corporation, which has only one product, has provided the following data concerning its most recent...

    Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 198 Units in beginning inventory 0 Units produced 3,230 Units sold 3,060 Units in ending inventory 170 Variable costs per unit: Direct materials $ 55 Direct labor $ 55 Variable manufacturing overhead $ 14 Variable selling and administrative expense $ 13 Fixed costs: Fixed manufacturing overhead $ 109,820 Fixed selling and administrative expense $ 12,240 Required: a. What...

  • Nelter Corporation, which has only one product, has provided the following data concerning its most recent...

    Nelter 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 119 370 6,420 6,330 460 Units sold Units in ending inventory Variable costs per unit: Direct materials 46 Direct labor 21 Variable manufacturing overhead Variable selling and administrative expense Fixed costs: 2 $ 18 Fixed manufacturing overhead Fixed selling and administrative expense $141,240 56,970 The company produces the same number of units every...

  • Aaron Corporation, which has only one product, has provided the following data concerning its most recent...

    Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in beginning inventory Units produced Units sold Units in ending inventory 3,400 3,000 400 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $54,400 Fixed selling and administrative expense $ 3,000 What is the unit product cost for the month under absorption costing? Multiple...

  • Gabuat Corporation, which has only one product, has provided the following data concerning its most recent...

    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...

  • Farris Corporation, which has only one product, has provided the following data concerning its most recent...

    Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 112 8 00:12:58 Units in beginning inventory Units produced Units sold Units in ending inventory 8,950 8,550 400 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 $134,250 $ 8,800 What is the net operating income for the month under absorption...

  • Aaron Corporation, which has only one product, has provided the following data concerning its most recent...

    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...

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