Question
I need to get the answer for these questions: 5.The fixed costs per unit are $15 when a company makes 10 000 units. What are
I need to get the answer for these questions:
5.The fixed costs per unit are $15 when a company makes 10 000 units. What are the per unit fixed costs when 12 500 units are produced?a. $6.00c. $15.00 d. $8.00d. $12.00
6. Which of the following is not an advantage for using standard costs for variance analysis? a. Standards simplify product costing. b. Standards are developed using past costs and are available at a relatively low cost. c. Standards are usually expressed on a per-unit basis. d. Standards can take into account expected changes planned to occur in the budgeted period.
7.Which of the following are components of conversion costs?a.Direct labour and direct materials.b.Indirect materials and manufacturing overhead. c.Direct labour and manufacturing overhead.d.Direct labour and indirect labour.
8. A company starts work on 1,000 physical units and completes 75 percent of conversion activity.The costs are $5,000 for direct material and $1,500 for conversion.What is the cost per equivalent unit for conversion?a.$1.00 b. $2.50c.$2.00 d.$1.50
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