Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Excerpt from Andersen Corporation Per Month Per Unit $ 70,000 14,000 Selling price Direct materials Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses
Excerpt from Andersen Corporation Per Month Per Unit $ 70,000 14,000 Selling price Direct materials Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $ 29,000 43,500 18,125 May Beginning inventory Units produced Units sold Ending inventory April 0 50 50 0 0 50 40 10 June 10 50 60 Assume that variable costing is used and that direct labor is treated as a variable cost. What is the variable cost of goods sold per unit? O $781.60 O $1,730.00 $14,580.00 O $15,450.00 What is the variable cost of goods sold per unit using super-variable costing? $580 O $1,730 O $14,000 O $15,450 What is the difference between the super-variable costing and variable costing net operating incomes in May? Super-variable costing net operating income is $5,800 less than variable costing net operating income. Super-variable costing net operating income is $5,800 greater than variable costing net operating income. Super-variable costing net operating income is $29,000 less than variable costing net operating income. Super-variable costing net operating income is $29,000 greater than variable costing net operating income
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started