Answered step by step
Verified Expert Solution
Question
1 Approved Answer
HASF Corporation began operations at the beginning of the current year. one of the year company product a compressor sells for 350 per units information
HASF Corporation began operations at the beginning of the current year. one of the year company product a compressor sells for 350 per units information related to the current year activities follows Variable cost per unit Direct material 55 Direct labor 84 li Manufacturing overhead 76 888- Annual fixed cost Manufacturing cost 1,200,000 By providing y automated te messaging rat Selling and administrative 1,720,000 Sales and production Sales in units 20,000 My Te: Production 24,000 Solutie Required -(01 marks each) TE Cost of the December 31 finished goods inventory 1,060,000 by Che Value of sales 7,000,000 Loose LE Value of cost of sales 5,940,000 20th Editi View alls Gross profit 1,060,000 Net income -660,000 labor cost per unit if company produce 22,500 unit ( cost behavior patterns not change) cost of fixed manufactuirng over head if company produce 22,500 unit ( cost behavior patterns not change) cost of fixed selling and administartive exp if company produce 22,500 unit ( cost behavior patterns not change) per unit cost of porducation if company produce 22,500 units Per unit gross profit if selling price will not change
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