Question
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $173,100 Direct labor
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $173,100 Direct labor 232,900 Variable factory overhead 244,300 Fixed factory overhead 93,000 $743,300 Operating expenses: Variable operating expenses $122,800 Fixed operating expenses 44,900 167,700 If 1,900 units remain unsold at the end of the month and sales total $1,163,000 for the month, what would be the amount of income from operations reported on the variable costing income statement?
a.$79,789 b.$97,791 c.$69,806 d.$321,808
2.
a. 4,500 units are manufactured and the company uses the variable costing concept? $fill in the blank 1
b. 6,300 units are manufactured and the company uses the variable costing concept? $fill in the blank 2
c. 4,500 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3
d. 6,300 units are manufactured and the company uses the absorption costing concept?
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $173,100 Direct labor 232,900 Variable factory overhead 244,300 Fixed factory overhead 93,000 $743,300 Operating expenses: Variable operating expenses $122,800 Fixed operating expenses 44,900 167,700 If 1,900 units remain unsold at the end of the month and sales total $1,163,000 for the month, what would be the amount of income from operations reported on the variable costing income statement? Oa. $79,789 Ob. $97,791 Oc. $69.806 Od. S321,808 If variable manufacturing costs are $14 per unit and total fixed manufacturing costs are $283,500, what is the manufacturing cost per unit if: a. 4,500 units are manufactured and the company uses the variable costing concept? b. 6,300 units are manufactured and the company uses the variable costing concept? $ C. 4,500 units are manufactured and the company uses the absorption costing concept? d. 6,300 units are manufactured and the company uses the absorption costing conceptStep by Step Solution
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