FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company produces 4,000 chocolate bars Sold 3500 No bars at the beginning Variable Cost per unit: Production $4 Selling and administrative $1 Fixed Cost in

Company produces 4,000 chocolate bars

Sold 3500

No bars at the beginning

Variable Cost per unit:

Production $4

Selling and administrative $1

Fixed Cost in total:

Production $12,000

Selling and administrative $8,000

Calculate the unit production cost , assuming company uses variable costing.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Management

Management

Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen

6th Asia Pacific Edition

9780730329534

Students also viewed these Accounting questions

Question

★★★★★
The probability that a certain couple will have a blue-eyed child is 1 4, and they have 4 children. What is the probability that (a) 1 of their children has blue eyes? (b) 2 of their children have...

Answered: 1 week ago

Question

★★★★★
Complete the following table (in thousands of dollars) assuming a prepayment rate of 165 PSA: Original balance: $100,000,000 Pass-through rate: 9.0% WAM: 360 months. AppendixLO1

Answered: 1 week ago

Question

★★★★★
Dont smell (i.e., too much perfume/cologne).

Answered: 1 week ago

Question

★★★★★
In the fall of 1973, University of California Berkeley student admissions data seemed to show a pattern of bias against female graduate students. In spite of the progressive reputation of the...

Answered: 1 week ago

Question

★★★★★
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $15,250 of the accounts receivable balance...

Answered: 1 week ago

Question

★★★★★
V Susan is a budding climate scientist and is analyzing historical data on the noontime temperature on each of two dates (Date 1 and Date 2) for each of the last 69 years at a weather station in...

Answered: 1 week ago

Question

★★★★★
ABC factory produces 24,000 units. The cost sheet gives the following information: Direct Materials Rs. 1,20,000 Direct Labour Rs. 84,000 Variable overheads Rs. 48,000 Semi variable overheads Rs....

Answered: 1 week ago

Question

★★★★★
Jayson Walker is a member of a consumer - driven health plan ( CDHP ) that is funded by a health savings account ( HSA ) established by his employer, Brock Industries. Brock's CDHP also uses a high -...

Answered: 1 week ago

Question

★★★★★
Part of Glo's strategic plan is to capture market segments that are traditionally underserved. Glo's management believes that the market for men's care products is underserved and would be an...

Answered: 1 week ago

Question

★★★★★
Michael is providing care to Anthea a Greek woman who has always attended a religious group. Anthea has been making large donations to the group. This group has strong right to life views and is...

Answered: 1 week ago

Question

★★★★★
A company uses Dynamics 365 Supply Chain Management for its warehouse operations. The company must put tolerances on over- and under-receiving of purchase order lines. The Landed cost module is not...

Answered: 1 week ago

Question

★★★★★
I need this case study done, all the instructions are attached and also the questions regarding the case study are in topic 1 power point slides 24 to 26. MKT 701 Case Study Analysis Guidelines...

Answered: 1 week ago

Previous Question Next Question