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Sales Direct Materials Given the following facts, complete the table and compute requirements below: Per Unit 10,000 units P1,000,000 20,000 units 30,000 units P
Sales Direct Materials Given the following facts, complete the table and compute requirements below: Per Unit 10,000 units P1,000,000 20,000 units 30,000 units P 30 Direct Labor Variable Factory Overhead 500,000 300,000 Variable Marketing & Selling Expenses (5% based on sales) Variable General & Administrative Expenses Fixed Factory Overhead Fixed Marketing & Selling Expenses Fixed General & Administrative Expenses Profit (Loss) 50,000 200,000 150,000 50,000 Requirements: 1. Total Prime Costs 2. Total Conversion Costs 3. Total Product Costs 4. Total Period Costs 5. Total Variable Costs 6. Variable Cost Per Unit 7. Total Fixed Costs 8. Fixed Cost Per unit 9. Total Variable Manufacturing Costs 10. Variable Manufacturing Cost Per Unit 11. Total Fixed Manufacturing Costs 12. Fixed Manufacturing Cost Per Unit 13. Manufacturing/Product Cost per Unit 14. How much is the product costs at 40,000 units? 15. How much is the profit or loss at 40,000 units? 10,000 units 20,000 units 30,000
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Answer To complete the table and compute the requirements we can use the given information to calculate the various costs and profits at different production levels First lets calculate the values for ...Get Instant Access to Expert-Tailored Solutions
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