Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $ 3 2 per unit. Information about costs, production, and

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $32 per unit. Information about costs, production, and sales for the month of March is provided below:
Variable Costs
Fixed Costs
Direct materials
$10.00/unit
Manufacturing overhead
$23,000
Direct labour
$4.50/unit
Selling and Administration
$10,000
Variable manufacturing overhead
$2.50/unit
Units produced in period
6,000
Variable selling/administration
$2.00/unit
Units sold in period
6,000
Beginning inventory
$0
Total period costs for Whiz Mixer using absorption costing is
a.
$22,000
b.
$125,000
c.
$37,000
d.
$33,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Accounting Uk Gaap Volume 1

Authors: Frank Wood, Alan Sangster

1st Edition

0273718762, 9780273718765

More Books

Students also viewed these Accounting questions