Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dobosh Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7 . 1 0 Direct labor $ 3 .

Dobosh Corporation has provided the following information:
Cost per Unit Cost per Period
Direct materials $ 7.10
Direct labor $ 3.70
Variable manufacturing overhead $ 1.65
Fixed manufacturing overhead $ 115,000
Sales commissions $ 1.55
Variable administrative expense $ 0.60
Fixed selling andadministrative expense $ 37,700
Required:
For financial reporting purposes, what is the total amount of product costs incurred to make 9,020 units?
For financial reporting purposes, what is the total amount of period costs incurred to sell 9,020 units?
If 10,000 units are sold, what is the variable cost per unit sold?
Note: Round "Per unit" answer to 2 decimal places.
If 10,020 units are sold, what is the total amount of variable costs related to the units sold?
If 10,020 units are produced, what is the total amount of manufacturing overhead cost incurred?
If the selling price is $21.65 per unit, what is the contribution margin per unit sold?
Note: Round "Per unit" answer to 2 decimal places.
If 8,020 units are produced, what is the total amount of direct manufacturing cost incurred?
If 8,020 units are produced, what is the total amount of indirect manufacturing costs incurred?
What incremental manufacturing cost will the company incur if it increases production from 9,020 to 9,021 units?
Note: Round "Per unit" answer to 2 decimal places.

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

Accounting Information Systems

Authors: George H. Bodnar, William S. Hopwood

8th Edition

0130861774, 9780130861771

More Books

Students also viewed these Accounting questions

Question

To identify HRM functions when it is created.

Answered: 1 week ago

Question

To understand the role of HRM as a business development partner.

Answered: 1 week ago