1. A company produces a single product. Variable production costs are $13.9 per unit and variable selling and administrative expenses are $4.9 per unit. Fixed manufacturing overhead totals $55,000 and fixed selling and administration expenses total $59,000. Assuming a beginning inventory of zero, production of 5,900 units and sales of 4,550 units, the dollar value of the ending inventory under variable costing would be:

2. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $149 Units in beginning inventory 0 Units produced 2,770 Units sold 2,520 Units in ending inventory 250 Variable costs per unit: Direct materials $51 Direct labor $20 Variable manufacturing overhead $10 Variable selling and administrative $12 Fixed costs: Fixed manufacturing overhead $96,950 Fixed selling and administrative expenses $35,280 The total gross margin for the month under absorption costing is:

3. Hatfield Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $170 Units in beginning inventory 100 Units produced 2,130 Units sold 870 Units in ending inventory 1,360 Variable costs per unit: Direct materials $75 Direct labor $30 Variable manufacturing overhead $10 Variable selling and administrative $13 Fixed costs: Fixed manufacturing overhead $27,690 Fixed selling and administrative $17,400 What is the total period cost for the month under the variable costing?

4. Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $152 Units in beginning inventory 0 Units produced 9,450 Units sold 9,050 Units in ending inventory 400 Variable costs per unit: Direct materials $28 Direct labor $70 Variable manufacturing overhead $16 Variable selling and administrative $20 Fixed costs: Fixed manufacturing overhead $141,750 Fixed selling and administrative $9,800 What is the net operating income for the month under variable costing?

5. Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $108 Units in beginning inventory 0 Units produced 8,900 Units sold 8,500 Units in ending inventory 400 Variable costs per unit: Direct materials $17 Direct labor $59 Variable manufacturing overhead $5 Variable selling and administrative $9 Fixed costs: Fixed manufacturing overhead $133,500 Fixed selling and administrative $8,700 What is the net operating income for the month under absorption costing?

6. Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $179 Units in beginning inventory 0 Units produced 7,300 Units sold 7,000 Units in ending inventory 300 Variable costs per unit: Direct materials $32 Direct labor $62 Variable manufacturing overhead $26 Variable selling and administrative $26 Fixed costs: Fixed manufacturing overhead $197,100 Fixed selling and administrative $30,000 What is the unit product cost for the month under variable costing?

7. Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $155 Units in beginning inventory 0 Units produced 7,000 Units sold 6,700 Units in ending inventory 300 Variable costs per unit: Direct materials $26 Direct labor $56 Variable manufacturing overhead $20 Variable selling and administrative $20 Fixed costs: Fixed manufacturing overhead $189,000 Fixed selling and administrative $28,200 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the unit product cost for the month under absorption costing?

8. Harris Corporation produces a single product. Last year, Harris manufactured 31,770 units and sold 26,400 units. Production costs for the year were as follows: Fixed manufacturing overhead $508,320 Variable manufacturing overhead $247,806 Direct labor $142,965 Direct materials $228,744 Sales were $1,161,600, for the year, variable selling and administrative expenses were $139,920, and fixed selling and administrative expenses were $225,567. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per unit would be: (Do not round intermediate calculations.)

9. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $89 Units in beginning inventory 0 Units produced 4,300 Units sold 4,000 Units in ending inventory 300 Variable costs per unit: Direct materials $13 Direct labor $35 Variable manufacturing overhead $1 Variable selling and administrative $10 Fixed costs: Fixed manufacturing overhead $77,400 Fixed selling and administrative $24,000 The total contribution margin for the month under variable costing is: