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ANSWER G (all 3 boxes) for thumbs up! The following data was prepared by the Cullumber Company. Total Variable Fixed Sales price $20/unit Direct materials
ANSWER G (all 3 boxes) for thumbs up!
The following data was prepared by the Cullumber Company. Total Variable Fixed Sales price $20/unit Direct materials used $95,850 Direct labor $95,000 Manufacturing overhead $133,600 $13,900 $119,700 Selling and administrative expense $22,900 $13,500 $9,400 Units manufactured 31,500 units Beginning Finished Goods Inventory 20,500 units Ending Finished Goods Inventory 8,000 units Reconcile the difference in operating income under absorption costing versus variable costing. (Round cost per unit to 2 decimal places, e.g. 2.52 and final answers to 0 decimal place, e.g. 2,152.) Change in ending inventory units x Fixed overhead per unit Reconciliation X $ Under absorption costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) :product cost $ 10.30 Attempts: unlimited (b) eTextbook and Media Your answer is correct. Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) :product cost $ 6.50 LA Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) of goods sold $ 453200 eTextbook and Media Attempts: unlimited (d) Your answer is correct. Under variable costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) of goods sold $ 286000 EA Under absorption costing, what is the operating income? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) rating income $ 403900 eTextbook and Media Attempts: unlimited Your answer is correct. Under variable costing, what is the operating income? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) rating income 451400 (f) tA $ Step by Step Solution
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