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Chapter 6 Exercises 6 Saved Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow:
Chapter 6 Exercises 6 Saved Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: 20 points Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 10.00 $ 30.00 $ 2.70 $ 10.00 $ 129,000 $ 43,000 eBook Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 38,500 units of Weedban and 17,500 units of Greengrow. Hint Required: Prepare a contribution format income statement segmented by product lines. Ask Product Line Total Company Weedban Greengrow Print IA References Chapter 6 Exercises i Saved Ida Sidha Karya Company is a family-owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $799. Selected data for the company's operations last year follow: 20 points 0 25,000 21,000 4,000 eBook Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 250 360 55 18 Hint $ 850,000 $ 780,000 Ask Print Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. References 1. Absorption costing unit product cost 2. Variable costing unit product cost
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