The following cost formula relates to last year's operations at Lemine Manufacturing Corporation:

Y = $105,000 + $78.00X

In the formula above, 75% of the fixed cost and 90% of the variable cost are manufacturing costs. Y is the total cost and X is the number of units produced and sold. If Lemine produces and sells only 9,000 units, what is the unit product cost under each of the following methods? (Do not round your intermediate calculations.)

	Variable Costing	Absorption Costing
A)	$70.20	$78.95
B)	$70.20	$81.87
C)	$78.00	$89.67
D)	$78.95	$70.20

Option A

Option B

Option D

Option C

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$149
Units in beginning inventory	0
Units produced	15,100
Units sold	14,800
Units in ending inventory	300
Variable costs per unit:
Direct materials	$40.75
Direct labor	$25.75
Variable manufacturing overhead	$8.75
Variable selling and administrative	$8.75
Fixed costs:
Fixed manufacturing overhead	$216,800
Fixed selling and administrative	$40,900

What is the total period cost for the month under absorption costing?

$387,200

$40,900

$216,800

$170,400

Carr Company produces a single product. During the past year, Carr manufactured 32,000 units and sold 23,500 units. Production costs for the year were as follows:

Fixed manufacturing overhead	$ 320,000
Variable manufacturing overhead	$ 320,000
Direct labor	$ 198,400
Direct materials	$ 275,200

Sales totaled $1,292,500, variable selling expenses totaled $291,200, and fixed selling and administrative expenses totaled $177,000. There were no units in beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory for the year would be valued at (Do not round your intermediate calculations.):

$351,068

$359,821

$427,816

$295,800

DeAnne Company produces a single product. The company's variable costing income statement for August appears below:

DeAnne Company Income statement For the month ended August 31
Sales ($19 per unit)	$798,000
Variable expenses:
Variable cost of goods sold	378,000
Variable selling expense	84,000
Total variable expenses	462,000
Contribution margin	336,000
Fixed expenses:
Fixed manufacturing	111,000
Fixed selling and administrative	37,000
Total fixed expenses	148,000
Net operating income	$188,000

The company produced 37,000 units in August and the beginning inventory consisted of 10,000 units. Variable production costs per unit and total fixed costs have remained constant over the past several months. The value of the company's inventory on August 31 under the absorption costing method is (Do not round your intermediate calculations.):

$70,000

$74,405

$45,000

$60,000

Kindschuh Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.17 direct labor-hours. The direct labor rate is $6.90 per direct labor-hour. The production budget calls for producing 3,900 units in June and 4,700 units in July.

Required:

Construct the direct labor budget for the next two months, assuming that the direct labor work force is fully adjusted to the total direct labor-hours needed each month. (Round your intermediate calculations and final answer to two decimal places.)

Kindschuh Corporation Direct Labor Budget
	June	July
Required production in units
Direct labor-hours per unit
Total direct labor hours needed
Direct labor cost per hour	$	$
Total direct labor cost	$	$