Question
Help please? 6. Gage Company reports the following information for its first year of operations: Unit produced this year 4,200 units Unit sold this year
Help please?
6.
Gage Company reports the following information for its first year of operations: |
Unit produced this year | 4,200 units |
Unit sold this year | 3,700 units |
Direct materials | $6 unit |
Direct labor | $14 unit |
Variable overhead | ? in total |
Fixed overhead | $33,600 in total |
If the company's cost per unit of finished goods using variable costing is $33, what is total variable overhead? |
$19,400
$48,100
$54,600
$18,500
$33,596
7.
Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. |
Units produced this year | 90,000 units |
Units sold this year | 54,000 units |
Direct materials | $ 8.00 per unit |
Direct labor | $ 9.00 per unit |
Variable overhead | $ 540,000 in total |
Fixed overhead | $ 720,000 in total |
Given Advanced Company's data, compute cost per unit of finished goods under absorption costing. |
$27.00
$17.00
$35.00
$39.00
$31.00
8.
Romtech Company sold 36,000 units of its product at a price of $1,150 per unit. Total variable cost per unit is $600, consisting of $576 in variable production cost and $24 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing. |
$19,800,000
$20,664,000
$40,536,000
$41,400,000
$21,600,000
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