Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

*Thank you to those who help me with this question* Variable Manufacturing Costs Fixed Manufacturing Overhead BD perut $9 $7 $6 per unit (00000 $100,000

image text in transcribed

image text in transcribed

image text in transcribed

*Thank you to those who help me with this question*

Variable Manufacturing Costs Fixed Manufacturing Overhead BD perut $9 $7 $6 per unit (00000 $100,000 per year 34 $4 per unit Selling & Administrative Costs Per Year $2 per unit Fixed 45,000 per year $0 per unit Direct labor Direct materials Variable overhead 85,000 Variable Sales Price per year Tellim. Dina selling Priu einn Dm] = $100 per unit Sales Price Selling Price $100 Per Unit Units Produced vs Units Sold 10,000 unfts Units Sold 7500 units Units Produced 1.000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9.000 10,000 Units 1. Compute its product cost per unit using variable costing. Cost per unit of finished goods using: Variable costing Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead per unit $ 0.00 Cost per unit of finished goods 2. Determine the cost of ending finished goods inventory using variable costing. Cost per unit of finished goods using: Variable costing Number of units in finished goods Cost unit of finished goods $ 0.00 per Total cost of finished goods inventory 3. Determine the cost of goods sold using variable costing. Cost per unit of goods sold using: Variable costing Number of units in sold goods Cost 0.00 unit of finished goods per Total cost of sold goods

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

Gleim CIA Review Part 2 Practice Of Internal Auditing

Authors: Irvin N. Gleim

2020 Edition

1618542648, 978-1618542649

More Books

Students also viewed these Accounting questions

Question

Have I incorporated my research into my outline effectively?

Answered: 1 week ago