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

Question

1 Approved Answer

During 2021, Company M produced 800 units and sold 750 units at $200 each. Company M also incurred the following costs Direct Materials $10/unitVariable Selling

image text in transcribed
During 2021, Company M produced 800 units and sold 750 units at $200 each. Company M also incurred the following costs Direct Materials $10/unitVariable Selling and Administrative $6/unit Direct Labor $24/unitFixed Overhead $33,000 Variable Overheads14/unitFixed Selling and Administrative $15,000 What is the unit product cost using Variable Costing? A $92 8.554 C. 548 D. 589.25

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_2

Step: 3

blur-text-image_3

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

The Audit Principle 5 Powerful Steps To Align Your Life With The Laws Of Success

The Audit Principle 5 Powerful Steps To Align Your Life With The Laws Of Success

Authors: Jane Ann Craig

1st Edition

1732729107, 978-1732729100

More Books

Students also viewed these Accounting questions

Question

★★★★★
What is the purpose of the abrasives in electrochemical grinding? Explain.

Answered: 1 week ago

Question

★★★★★
11-5. What are conventional, vertical, and horizontal marketing systems?

Answered: 1 week ago

Question

★★★★★
8. Six different explanations were given for why exercise has a positive effect on psychological well-being. Which explanation do you think is most viable and why? Compose your own eclectic theory...

Answered: 1 week ago

Question

★★★★★
Dick owns a house that he rents to college students. Dick receives $750 per month rent and incurs the following expenses during the year: Real estate taxes............. $1,250 Mortgage...

Answered: 1 week ago

Question

★★★★★
An investor is evaluating an investment that pays the following streams of cash flows: $23909 in one year; $39438 in two years; $45308 in three years; $58643 in four years; At an interest rate of 9%,...

Answered: 1 week ago

Question

★★★★★
Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta 9 are as follows: \ table [ [ Oct . 1 Inventory, 6 2 units @ $ 1 9 , ] , [ 7 , Sale, 5 1 units ] , [ 1 5 ,...

Answered: 1 week ago

Question

★★★★★
Twenty movies were released over a particular summer and their MPAA ratings (G, PG, PG-13, R) are given in the table below. G G G PG PG PG G G G G PG G G PG PG13 PG G R PG13 G a) Complete the...

Answered: 1 week ago

Question

★★★★★
Joaquin goes for a job interview and is surprised that the interviewer asks him about his personal standards regarding how he would handle certain situations. He expected that the focus would be on...

Answered: 1 week ago

Question

★★★★★
1. A particle moves with amplitude A and period T, as shown in the figure. Express the following in terms of A and T and numerical constants (if necessary). (3 marks) M T A a. The time at which the...

Answered: 1 week ago

Question

★★★★★
Using this ER-Diagram, write an SQL Statement using CONSTRAINTS command and show atleast 1 data of the database. Write down below the SQL Statements and commands that was used. PDiagnosis PAddress...

Answered: 1 week ago

Question

★★★★★
1. (a)(i) What problem has been brought about by uncontrolled mining of minerals in Kenya? (ii) Where is fluorspar mined in Kenya? (iii) Describe how trona is mined and processed in Magadi (b) (i)...

Answered: 1 week ago

Question

★★★★★
2. One union newspaper indicated how it saved an employees job. The employee was in the mechanics classification and was discharged for refusing to comply with managements sudden, unilateral rule...

Answered: 1 week ago

Question

★★★★★
broadening cross-cultural analysis to include an understanding of integrationdifferentiation in global managing;

Answered: 1 week ago

Question

★★★★★
developing the relevance of cross-cultural studies through an incorporation of stakeholder analysis of particular interaction situations;

Answered: 1 week ago

Previous Question Next Question