Question
11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the variable
11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
What is the variable costing unit product cost for the month?
$158 per unit
$179 per unit
$138 per unit
$143 per unit
13. A company produces a single product. Variable production costs are $12.6 per unit and variable selling and administrative expenses are $3.6 per unit. Fixed manufacturing overhead totals $42,000 and fixed selling and administration expenses total $46,000. Assuming a beginning inventory of zero, production of 4,600 units and sales of 3,900 units, the dollar value of the ending inventory under variable costing would be:
$8,820
$15,120
$11,340
$6,300
14. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
What is the total period cost for the month under variable costing?
$411,400
$210,600
$575,200
$622,000
15. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
The total gross margin for the month under absorption costing is:
$69,250
$19,390
$122,160
$132,960
20. Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
What is the net operating income for the month under absorption costing?
$29,650
$11,150
$17,150
$6,000
28. The controller of Ferrence Company estimates the amount of materials handling overhead cost that should be allocated to the company's two products using the data that are given below:
The total materials handling cost for the year is expected to be $16,812.20.
If the materials handling cost is allocated on the basis of direct labor-hours, the total materials handling cost allocated to the Wall Mirrors is closest to: (Round your intermediate calculations to 4 decimal places.)
$16,196
$14,363
$9,386
$11,035
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning Inventory Units produced Units sold Units in ending inventory 0 4,800 4,700 100 Variable costs per unit: 57 59 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative 20 Fixed costs: Flxed manufacturing overhead 100,80 Flxed selling and administrative $47,000 What is the variable costing unit product cost for the month? $158 per unit O $179 per unit O $138 per unit $143 per unitStep by Step Solution
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