Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dapple Company incurred the following costs while producing 400 units direct materials, 59 per unit; direct labor, 524 per unit: variable manufacturing overhead, 513 per

image text in transcribed
image text in transcribed
Dapple Company incurred the following costs while producing 400 units direct materials, 59 per unit; direct labor, 524 per unit: variable manufacturing overhead, 513 per unit, total fixed manufacturing overhead costs $4,000; variable selling and administrative costs, $3 per unit; total fixed selling and administrative costs, $3,200. There are no beginning inventories What is the unit product cost using absorption costing? O A $46 per unit OB. $87 per unit OC. $49 per unit OD. $56 per unit Suppose Steel Handles manufactures cast iron skets. One model is a 10-inch site that sols for $25. Stool Handles projets soos of 525 10-inch skillets per month. The production costs are $7 per sklet for direct materials, $4 perskillet for direct labor and $5 perket for manufacturing overhead, Steel Handles has 45 10-inch stilles in inventory at the beginning of July but want to have an ending inventory equal to 20% of the next month's sales. Selling and administrative expenses for this product lineare $2.000 per month How many 10-inch skilles should Steel Handles produce in JUM O A 585 skillets OB. 525 skits OC. 030 skets OD 675 skillets

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

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

Auto Body And Repair Industry IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304131661, 978-1304131669

More Books

Students also viewed these Accounting questions

Question

1.5 Describe the nature of communication in the 21st century.

Answered: 1 week ago