1.Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation:

Number of units produced16,900

Variable costs per unit:

Direct materials$157

Direct labor$79

Variable manufacturing overhead$12

Variable selling and administrative expenses$12

Fixed costs:

Fixed manufacturing overhead$929,500

Fixed selling and administrative expenses$371,800

The company had no beginning or ending inventories.

Required:

a. Compute the unit product cost under absorption costing?

b. Compute the unit product cost under variable costing?

2.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 inventory0

Units produced4,200

Units sold3,570

Units in ending inventory630

Variable costs per unit:

Direct materials$19

Direct labor$41

Variable manufacturing overhead$7

Variable selling and administrative expense$4

Fixed costs:Fixed manufacturing overhead$51,100

Fixed selling and administrative expense$3,100

The total contribution margin for the month under variable costing is:

A.110670 B.56470 C.59570 D.124950

3.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price$176

Units in beginning inventory0

Units produced12,900

Units sold12,500

Units in ending inventory400

Variable costs per unit:

Direct materials$54

Direct labor$48

Variable manufacturing overhead$12

Variable selling and administrative expense$8

Fixed costs:

Fixed manufacturing overhead$412,800

Fixed selling and administrative expense$225,000

1. What is the total period cost for the month under variable costing?

A.737800 B.325000 C.412800 D.637800

4.A company produces a single product. Variable production costs are $13.10 per unit and variable selling and administrative expenses are $4.10 per unit. Fixed manufacturing overhead totals $47,000 and fixed selling and administration expenses total $51,000. Assuming a beginning inventory of zero, production of 5,100 units and sales of 4,150 units, the dollar value of the ending inventory under variable costing would be:

Multiple Choice

A$8,550

B$16,340

C$12,445

D$20,995

show me the fomula and answer please.