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I just 1 and 2 answered Which of the following statements is false? Multiple Choice Some of the conversion costs are period costs. Examples of
I just 1 and 2 answered
Which of the following statements is false? Multiple Choice Some of the conversion costs are period costs. Examples of selling costs include shipping, sales commissions, and costs of finished goods warehouses All sunk costs should be ignored in making a decision. Olscretionary fixed costs may be altered in the short term by current managerial decisions A particular cost may be direct or indirect depending on the cost object. During the month of January, Maison Company incurred a total product cost of $112,000. The company spent twice as much on direct materials as on direct labor and the company's conversion cost is twice its prime cost. During January, the direct materials cost was AS Use the information below to answer the following two questions: Ginger Company's relevant range of production is 5,000 units to 13,000 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Direct materials $ 4.80 Direct labor $ 3.50 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 3.00 Fixed seling expense $ 2.50 Fixed administrative expense $ 1.00 Sales commissions $ 0.50 Variable administrative expense ? Q. If 12,500 units are produced, what is the manufacturing overhead cost per unit incurred to support this level of production? per unit Q. 1 12,500 units are produced and sold, the company will incur $60,000 in total period costs. How much is the variable administrative expense per unit? A $ A$ per unit Step by Step Solution
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