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Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $ 3 4 per unit. Information about costs, production, and

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below:
Variable Costs
Direct materials $11.00/unit
Direct labour $4.00/unit
Variable manufacturing overhead $2.75/unit
Variable selling/administration $1.00/unit
Fixed Costs
Manufacturing overhead $26,000
Selling and Administration $11,000
Units produced in period 5,000
Units sold in period 5,000
Beginning inventory $0
1. Total period costs for Whiz Mixer using variable costing is?
2. Total period costs for Whiz Mixer using absorption costing is?
3. What is the variable cost of goods sold under variable costing system?
4. What is the cost of goods sold under absorption costing?
5. What is the gross margin under absorption costing? (dollar amount)
6. What is the product cost (per unit) under absorption costing?
Please pay close attention to all numbers since I know correct answers, I am unable to understand the method so please explain in order how to get the answers. Thank you very much.

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