Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given that Sales per unit= $172 ,Direct material cost per unit=$55,Direct labour cost per unit=$46, Factory overhead per unit=$10.8(variable) and $16.2(fixed),administrative expense per unit=$5.833, selling

Given that Sales per unit= $172 ,Direct material cost per unit=$55,Direct labour cost per unit=$46, Factory overhead per unit=$10.8(variable) and $16.2(fixed),administrative expense per unit=$5.833, selling overhead per unit= $4.167

1. Determine Total variable cost per unit.

2. Determine Total fixed cost per unit.

3. Determine CM ratio.

Step by Step Solution

3.39 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

Total variable cost Direct labour Direct material Direct overhead Total variable costs 554610811... 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

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Accounting questions

Question

What is a strategy map and how is it used?

Answered: 1 week ago