Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Subject: Cost Accounting choose the write answer ___________________________________________________________________________________________________________________________________________ 1. Vegas Company has the following unit costs: Variable manufacturing overhead $ 25 Direct materials 20 Direct

Subject: Cost Accounting

choose the write answer

___________________________________________________________________________________________________________________________________________

1. Vegas Company has the following unit costs:

Variable manufacturing overhead $ 25 Direct materials 20 Direct labor 19 Fixed manufacturing overhead 12 Variable marketing and administrative 7 Vegas produced and sold 10,000 units. If the product sells for $100,

REQUIRED:

what is the operating profit under full absorption costing? $240,000 $170,000 $360,000 $290,000

2.

Bellucci Corporation has provided the following information:

Cost per Unit Cost per Period Direct materials $ 6.95 Direct labor $ 4.00 Variable manufacturing overhead $ 1.45 Fixed manufacturing overhead $ 109,800 Sales commissions $ 1.05 Variable administrative expense $ 0.75 Fixed selling and administrative expense $ 40,050

The incremental manufacturing cost that the company will incur if it increases production from 9000 to 9001 units is closest to (assume that the increase is within the relevant range): $12.40 $27.60 $30.85 $24.60

3.

Vegas Company has the following unit costs:

Variable manufacturing overhead $ 25 Direct materials 20 Direct labor 19 Fixed manufacturing overhead 12 Variable marketing and administrative 7

Vegas produced and sold 10,000 units. If the product sells for $100, what is the gross margin? $170,000 $240,000 $290,000 $360,000

-------------------------------------------------------------------------------------------

note: need accurate answer if you want upvopte

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

More Books

Students also viewed these Accounting questions