2000 tests | 1250 tests | |
a.variable production cost per unit | $169 | $169 |
b.variable cost per unit | 183 | 183 |
c.Full cost per unit | 201 | 211 |
d.Full absorption cost per unit | 178 | 183 |
e.Prime cost per unit | 155 | 155 |
f.Conversion cost per unit | 171 | 176 |
g.Contribution margin per unit | 157 | 157 |
h.Gross margin per unit | 162 | 157 |
working:
2000 test | 1250 tests | |
a.labor +outsourced test +materials used +production | 130+18+7+14=>169 | 130+18+7+14=>169 |
b.variable production cost + selling and administration | 169+14=>183 | 169+14=>183 |
c.variable cost per unit + (total fixed costs/number of tests) | 183+ (18,000+17,500)/2000=>201 | 183+ (18,000+17,500)/1250=>211 |
d.variable production cost per unit + production overhead / number of tests | 169 + 17,500/2000 =>178 | 169 + 17,500/1250=>183 |
e.material + labor + outsource test analysis | 7+130+18=>155 | 7+130+18=>155 |
f.labor + outsource test+ variable production overhead+ fixed production overhead /number tests |
130+18+14+(17,500/2000) =>171 |
130+18+14+(17,500/1250) =>176 |
g.sale price - variable cost per unit | 340-183=>157 | 340-183=>157 |
h.sale price - full absorption cost | 340-178 =>162 | 340-183=>157 |
The following data apply to the provision of psychological testing services: Sales price per unit (1...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) $ 330 Fixed costs (per month): Selling and administration 22,000 Production overhead (e.g., rent of testing facilities) 22,500 Variable costs (per test): Labor for oversight and feedback 145 Outsourced test analysis 17 Materials used in testing 7 Production overhead 11 Selling and administration (e.g., scheduling and billing) 17 Number of tests per month 2,000 tests Required:...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) $ 330 Fixed costs (per month): Selling and administration 20,000 Production overhead (e.g., rent of testing facilities) 20,000 Variable costs (per test): Labor for oversight and feedback 135 Outsourced test analysis 17 Materials used in testing 4 Production overhead 14 Selling and administration (e.g., scheduling and billing) 17 Number of tests per month 2,000 tests Required:...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) $ 310 Fixed costs (per month): Selling and administration 14,000 Production overhead (e.g., rent of testing facilities) 20,000 Variable costs (per test): Labor for oversight and feedback 140 Outsourced test analysis 19 Materials used in testing 6 Production overhead 8 Selling and administration (e.g., scheduling and billing) 19 Number of tests per month 2,000 tests Required:...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) $ 340 Fixed costs (per month): Selling and administration 18,000 Production overhead (e.g., rent of testing facilities) 20,000 Variable costs (per test): Labor for oversight and feedback 165 Outsourced test analysis 24 Materials used in testing 4 Production overhead 15 Selling and administration (e.g., scheduling and billing) 17 Number of tests per month 2,000 tests Required:...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) Fixed costs (per month): Selling and administration Production overhead (e.g., rent of testing facilities) Variable costs (per test): Labor for oversight and feedback Outsourced test analysis Materials used in testing Production overhead Selling and administration (e.g., scheduling and billing) Number of tests per month 340 16,000 20,000 145 25 17 2,000 tests Required: Calculate the amount...
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback to client) $ 340 Fixed costs (per month): Selling and administration 18,000 Production overhead (e.g., rent of testing facilities) 15,000 Variable costs (per test): Labor for oversight and feedback 160 Outsourced test analysis 21 Materials used in testing 3 Production overhead 9 Selling and administration (e.g., scheduling and billing) 18 Number of tests per month 2,000 tests Required:...
The following data apply to the provision of psychological testing services: 16,000 22,500 Sales price per unit (1 unit = 1 test plus feedback to client) Fixed costs (per month): Selling and administration Production overhead (e.g., rent of testing facilities) Variable costs (per test): Labor for oversight and feedback Outsourced test analysis Materials used in testing Production overhead Selling and administration (e.g., scheduling and billing) Number of tests per month 000 tests Required: Calculate the amount for each of the...
The following data apply to the provision of psychological testing services: $ 330 16,000 20,000 Sales price per unit (1 unit - 1 test plus feedback to client) Pixed costs (per month): Selling and administration Production overhead (e.g., rent of testing facilities) Variable costs (per test): Labor for oversight and feedback Outsourced test analysis Materials used in testing Production overhead Selling and administration (e.g., scheduling and billing) Number of tests per month 160 17 5 8 16 2,000 tests cos...
The following data apply to the provision of psychological testing services: $ 2 340 14,000 20,000 Sales price per unit (1 unit = 1 test plus feedback to back to client) Fixed costs (per month): Selling and administration Production overhead (e. g., rent of testing facilities) Variable costs (per test): Labor for oversight and feedback Outsourced test analysis Materials used in testing Production overhead Selling and administration (e. g., scheduling and billing) Number of tests per month 2,000 tests Required:...
Sales price per unit (1 unit = 1 test plus feedback to client) $ 340 Fixed costs (per month): Selling and administration 18,000 Production overhead (e.g., rent of testing facilities) 15,000 Variable costs (per test): Labor for oversight and feedback 160 Outsourced test analysis 21 Materials used in testing 3 Production overhead 9 Selling and administration (e.g., scheduling and billing) 18 Number of tests per month 2,000 tests Required: Calculate the amount for each of the following (one unit =...