Question
Question 1//Dunn Company incurred the following costs while producing 550 units: direct materials, $9 per unit, direct labor, $21 per unit; variable manufacturing overhead, $16
Question 1//Dunn Company incurred the following costs while producing 550 units: direct materials, $9 per unit, direct labor, $21 per unit; variable manufacturing overhead, $16 per unit, total fixed manufacturing overhead costs, $9,900; variable selling and administrative costs, $6 per unit, total fixed selling and administrative costs, $6,600. There are no beginning inventoriesWhat is the unit product cost using variable costing?Submit testO A. $64 per unitO B. $46 per unitO c. $52 per unitO D. $82 per unitQuestion 2//Dude Company incurred the following costs while producing 610 units: direct materials, $15 per unit, direct labor, $20 per unit, variable manufacturing overhead, $11 per unit, total fixed manufacturing overhead costs, $15,250; variable selling and administrative costs, $7 per unit; total fixed selling and administrative costs, $9,150. There are no beginning inventoriesWhat is the unit product cost using absorption costing?Submit testO A. $93 per unit? B. $71 per unitO c. $46 per unitO D. $53 per unitQuestion 3//Maybe-Not Company has the following cost information:Direct Material per unit16.00Direct Labor per unitVariable manufacturing overhead per unit6.004.00Variable selling and administrative cost per unit1.00Total fixed manufacturing overhead costs100.000.00Total fixed selling and administrative costs50.000.00Sales price per unit50.00Units produced20,000Units sold16,000There were no beginning inventories, so Maybe-Not has 4,000 units in ending Finished Goods inventory (20,000 units produced, 16.000 units sold).What is the product cost per unit under absorption costing?O A. $31? ?. $26O C. $27O D. $32Question 4//Maybe-Not Company has the following cost information:Direct Material per unitDirect Labor per unitVariable manufacturing overhead per unitVariable selling and administrative cost per unitTotal fixed manufacturing overhead costsTotal fixed selling and administrative costsSales price per unitUnits producedUnits sold16.006.004.001.00100.000.0050,000.0050.0020,00016.000There were no beginning inventories, so Maybe Not has 4,000 units in ending Finished Goods inventory (20,000 units produced, 16,000 units sold).What is the product cost per unit under variable costing?O A. $27O B. $31O c. $26O D. $32
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