SHOW THE SOLUTION During the month of August, Amer Corporation produces 12,000 units and sold them for Php 20 per unit. Total fixed cost for the period were Php 154,000, and the operating profit was Php 26,000. 9. Based on the foregoing information, the variable cost per unit is a. Php 4.50 b. Php 5.00 c. Php 6.00 d. Php 7.17 Data to be used in applying the high-low method shows the highest cost of Php 69,000 and the lowest cost of Php 52,000. The data shoe Php 148,000 as the highest level of sales and Php 97,000 as the lowest level. 10. What is the variable cost per peso sale? a. Php 0.33 b. Php 0.47 c. Php 0.54 d. Php 3.00 Ravena Company manufactures office furniture. During the most productive moth of the year, 3,500 desks were manufactured at a total cost of Php 84,400. In its slowest month, te company made 1,100 desks at a cost of Php 46,000. 11. Using the high-low method of cost estimation, the total fixed cost are: a. Php 56,000 b. Php 28,400 c. Php 17,600 d. Php 38,400 12. The variable cost per unit is a. Php 16.00 b. Php 15.00 c. Php 14.00 d. Php 17.00 Last year, Abner Company incurred the following costs Direct Materials Php 50,000 Direct Labor Php 20,000 Factory Overhead Php 130,000 Selling Expense Php 40,000 Administrative Expense Php 36,000 Units produced and sold 10,000 units at a price Php 31 each. 13. Prime Cost per unit is a. Php 7.00 b. Php 15.00 c. Php 5.00 d. Php 20.00 14. Conversion Cost per unit is a. Php 7.00 b. Php 15.00 c. Php 20.00 d. Php 26.00 15. Cost of goods sold per unit is a. Php 7.00 b. Php 15.00 c. Php 20.00 d. Php 26.00 16. Gross profit per unit is a. Php 11.00 b. Php 15.00 c. Php 16.00 d. Php 24.00 17. Operating Income is a. Php 24,000 b. Php 110,000 c. Php 74,000 d. Php 110,000 Norman Company produced 1,000 units of a product which was sold at a price of Php 95.00 each. Total selling and administrative incurred Php 30,000 Direct Materials Php 25.00 Direct Labor Php 16.00 Factory Overhead Php 19.00 18. Conversion Cost per unit is a. Php 41.00 b. Php 44.00 c. Php 35.00 d. Php 45.00 19. Cost of goods sold per unit is a. Php 41.00 b. Php 44.00 c. Php 35.00 d. Php 60.00 20. Gross profit per unit is a. Php 54.00 b. Php 51.00 c. Php 60.00 d. Php 35.00