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Same data set for all, just a Part A-F type of question. Please help, thank you!!! 12 Required information (The following information applies to the
Same data set for all, just a Part A-F type of question. Please help, thank you!!!
12 Required information (The following information applies to the questions displayed below.) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Part 1 of 6 X 02:40:36 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,000 units 26,400 units 28 per unit $ 30 per unit $ 3 per unit $220,000 in total Given Advanced Company's data, compute cost per unit of finished goods under variable costing. Multiple Choice O O $58.00 O $63.00 O $59.88 $61.00 O $66.00 13 Required information [The following information applies to the questions displayed below.) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Part 2 of 6 3 02:40:18 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,000 units 26,400 units $ 28 per unit $ 30 per unit $ 3 per unit $220,000 in total Given Advanced Company's data, compute cost per unit of finished goods under absorption costing. Multiple Choice $58.00 $71.33 O O $63.00 $61.00 O $66.00 14 Required information [The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 Part 3 of 6 this year. 02:40:12 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,000 units 26,400 units 28 per unit $ 30 per unit $ 3 per unit $220,000 in total Given Advanced Company's data, compute cost of finished goods in inventory under absorption costing. Multiple Choice $1,161,600 O o $2,904,000 O $1,742,400 $1,073,600 $1,610,400 O ! 15 Required information (The following information applies to the questions displayed below.) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 Part 4 of 6 this year. 02:40:06 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,000 units 26,400 units $ 28 per unit $ 30 per unit $ 3 per unit $220,000 in total Given Advanced Company's data, compute cost of finished goods in inventory under variable costing. Multiple Choice $1,161,600 $2,904,000 O $1,742,400 O $1,073,600 O $1,610,400 O 16 Required information {The following information applies to the questions displayed below.) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year Part 5 of 6 02:40:00 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,808 units 26,400 units $ 28 per unit 30 per unit 3 per unit $220,000 in total Given Advanced Company's data, and the knowledge that the product sold for $88 per unit and operating expenses are $390,000, compute the net Income under absorption costing. Multiple Choice $88,000 $102,800 $375,760 $190,800 $322,800 17 Required information [The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Part 6 of 6 2 02:39:54 Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 44,000 units 26,400 units $ 29 per unit 38 per unit $ 3 per unit $220,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $88 per unit and operating expenses are $390,000, compute the net Income under varlable costing. Multiple Choice O $88,000 $102,800 $375,760 $190,800 O O o $398,800Step by Step Solution
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