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| Total Cost | ||
| Product A | Product B | |
| 10 Units | 100 | 10000*10 = 100000 |
| 100 Units | 1000 | 1000*100 = 100000 |
| 1000 Units | 10000 | 100000 |
| Unit Cost | ||
| Product A | Product B | |
| 10 Units | 100/10 = 10 | 10000 |
| 100 Units | 1000/10= 10 | 1000 |
| 1000 Units | 10 | 100 |
So answer is b) Product A is variable cost and product B is Fixed cost
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Based on the following cost data, what conclusions can you make about Product A and Product B? Production: 10 units 100...
Based on the following cost data, what conclusions can you make about the costs of Product...
Based on the following cost data, what conclusions can you make about the costs of Product A and Product B? Total Cost Production: Product A Product B 10 units 100 units $ 100 $ 1,000 $ 10,000 1,000 units Cost per Unit Production: Product A 10 units Product B $ 10,000 $ 1,000 $ 100 100 units 1,000 units O A. The cost of Product A is a fixed cost and the cost of Product B is a variable cost....
E19-6 PCB Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are...
E19-6 PCB Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $300 and $200, respectively. Production in Units 3,000 Production Costs Direct materials $ 7,500 Direct labor 18,000 Utilities 2.100 Property taxes 1,000 Indirect labor 4,500 Supervisory salaries 1,900 Maintenance 1,100 Depreciation 2,400 Instructions (a) Identify the above costs as variable, fixed,...
Select cost information for Klondike Corporation is as follows: Direct materials Rent expense 1,000 units of...
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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...
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Based on predicted production of 12,000 units, a company anticipates $150,000 of fixed costs and $123,000 of variable costs. The flexible budget amounts of foed and variable costs for 10,000 units are: О $125,000 fixed and $102,500 variable. О $125,000 fixed and $123,000 variable. О $102.500 fixed and $150,000 variable. О $150,000 fixed and $123,000 variable. О S150,000 fixed and $102,500 variable. Preu A company provided the following direct materials cost information. Compute the total direct materials cost variance. $810,000...
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1.) Based on a predicted level of production and sales of 29,000 units, a company anticipates...
1.) Based on a predicted level of production and sales of 29,000 units, a company anticipates total variable costs of $113,100, fixed costs of $29,000, and operating income of $203,580. Based on this information, the budgeted amount of fixed costs for 26,000 units would be: Multiple Choice $159,400. $232,580. $29,000. $113,100 $101,400 2.) Product A has a sales price of $21 per unit. Based on a 12,000-unit production level, the variable costs are $9 per unit and the fixed costs...
Ayers, Inc has the following cost data for Product X and unit product cost using variable costing when production...
Ayers, Inc has the following cost data for Product X and unit product cost using variable costing when production is 200 units 500 units, and 1.000 units (Click on the icon to view the data) (Click on the icon to view the unit product cost data) Product X sells for $169 per unit Assume no beginning inventories Calculate the contribution margin using variable casting when Ayers a. Produces and sells 200 units b. Produces 500 units and sells 200 units...
(1) Provide the missing data in the following Northern Southern Division $250,000 $ (d) Division $(a)...
(1) Provide the missing data in the following Northern Southern Division $250,000 $ (d) Division $(a) (b) $400,000 0.08 Sales Operating assets Net operating income Margin Turnover Return on investment $10,000 (e) (n 10% (c) 16% (2) Division A sells products to Division B. The standard unit costs for Division A are: Direct materials $800 1,500 Direct labor Variable overhead 400 Fixed overhead 300 Variable operating expenses Fixed operating expenses Market price per unit 500 200 4,575 Compute the transfer...
Grover Company has the following data for the production and sale of 1,000 units. Sales...
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Based on the following cost data, what conclusions can you make about the costs of Product A and Product B? Total Cost Production: Product A Product B 10 units 100 units $ 100 $ 1,000 $ 10,000 1,000 units Cost per Unit Production: Product A 10 units Product B $ 10,000 $ 1,000 $ 100 100 units 1,000 units O A. The cost of Product A is a fixed cost and the cost of Product B is a variable cost....
E19-6 PCB Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $300 and $200, respectively. Production in Units 3,000 Production Costs Direct materials $ 7,500 Direct labor 18,000 Utilities 2.100 Property taxes 1,000 Indirect labor 4,500 Supervisory salaries 1,900 Maintenance 1,100 Depreciation 2,400 Instructions (a) Identify the above costs as variable, fixed,...
Select cost information for Klondike Corporation is as follows: Direct materials Rent expense 1,000 units of output Total Cost/Unit $4,000 $4.00 $2,000 $2.00 2,000 units of output Total Cost/Unit $8,000 $4.00 $2,000 $1.00 Based on this information: Multiple Choice ) Both direct materials and rent expense are variable costs Prox 1 of 20 Next > J e talk stuttering - SA Saved Both direct materials and rent expense are variable costs. Direct materials is a fixed cost and rent expense...
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...
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A firm expects to sell 26.000 units of its product at $12.00 per unit and to incur variable costs per unit of $7.00. Total fixed costs are $80,000. The total contribution margin is: Multiple Choice Ο Si30,000. Ο $262.000. Ο $50,000. Ο $εαρού. Ο Si82000. We were unable to transcribe this imageKent Manufacturing produces a product that sells for $69.00 and has variable costs of $34.00 per unit. Fixed costs are $434.000. Kent can buy a new production machine that...
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