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Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. Variable Costs
Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $7.58 $3.48 $5.86 $3.94 Fixed Costs per Year Fixed manufacturing overhead $232,760 $212.201 Fixed selling and administrative expenses es and produced 92.000 lures. Siren Company sells the fishing lures for $25.25. During 2017, the company sold 82,000 lu Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017.(Round answer to 2 decimal places, eg. 10.s0) Manufacturing cost per unit Prepare a variable costing income statement for 2017,(Enter negative omounts using either a negotive sign preceding the number eg-45 or parentheses eg. 145)) SIREN COMPANY Variable Costing eTextbook and Media Assuming the company uses absorption costing, calculate Siren's manufacturing cost per unit for 2017, (Round anower to 2 decimal laces eje 30.s0 Manufacturing cost per unit $ Prepare an absorption costing income statement for 2017.(Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e-g (45) SIREN COMPANY Income Statement Absorption Costing eTextbook and Media Attempts: 0 of 5 usec Check Answe
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