Question
1-What is the inventoriable cost per unit using variable costing in June? Explain and show all work 2-What is the inventoriable cost per unit using
1-What is the inventoriable cost per unit using variable costing in June? Explain and show all work
2-What is the inventoriable cost per unit using absorption costing in June? Explain and show all work
3-Prepare an income statement for the month of June using variable costing.Explain and show all work
4-Prepare an income statement for the month of June using absorption costing.Explain and show all work
5-Will the company have a production-volume variance in April? Explain why or why not. If there is a production-volume variance in April, calculate it here and explain how it will impact COGS when it is written off.
Please show all your work
Company GHI manufactures three products called A, B, and C. All three product have considerable market demand (exceeding what the company can make in a month). The following is the per unit product data: . B Selling price $259 $387 $835 Direct materials cost $62 $82 $112 Direct labor cost $78 $52 $130 Variable overhead costs $11 $42 $63 Fixed overhead costs $14 $25 $40 Variable selling and administrative expenses $15 $41 $50 Fixed selling and administrative expenses $56 $68 $87 Direct labor hours (DLH) per unit 6 DLH 4 DLH 12 DLH All three products are made using the same direct labor hours (DLH); however, Company GHI only has 35,000 DLH available each month. It must produce a minimum of 800 units of each product and is not sure which product to make after meeting the minimum production requirementsStep by Step Solution
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