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.
Homework Answers
Fixed overhead cost per unit=102920/36,000=$2.86 per unit(Approx)
product cost per unit under absorption costing=Direct labor+Direct materials+Variable overhead+Fixed overhead
=31+32+10+2.86
=75.86 per unit(Approx).
Add Answer to:
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 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
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.
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
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 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....
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 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
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
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
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 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....
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 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
Most questions answered within 3 hours.
-
You capture data by having 8 people fill in 30 small dots on a
piece of...
asked 3 hours ago -
What are the z-values such that 70% of the area lies in the
middle of the...
asked 5 hours ago -
You borrow $29,500 to purchase a brand new car. The interest
rate is 6%, and the...
asked 5 hours ago -
The amount of time it takes an asteroid, whose average distance
from the Sun is 4.70...
asked 5 hours ago -
A 0.289 kg mass slides on a frictionless floor with a speed of
1.34 m/s. The...
asked 5 hours ago -
15.A box contains five red balls, three green balls, and two
yellow balls. Suppose you select...
asked 8 hours ago -
Assume you are given the following for Stackelberg industries:
Return on Assets (ROA) = 8%
Debt...
asked 7 hours ago -
an engineer proposes to use mmWave in 5G network to
increase data rate.
What are the...
asked 7 hours ago -
Explain the idea behind using SEMIJOIN in distributed
query processing.
asked 6 hours ago -
why
is context important in selecting and applying guidelines and
principles for interface design?
illustrate your...
asked 6 hours ago -
In a certain board game, a player rolls two fair six-sided dice
until the player rolls...
asked 8 hours ago -
You are going to deposit $3,200 in an account that pays .58
percent interest compounded quarterly....
asked 7 hours ago