Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information is available for Henderson Components for the year just ended. Sales price Fixed costs (for the year) Selling and administrative Production Variable

The following information is available for Henderson Components for the year just ended. Sales price Fixed costs (for the year) Selling and administrative Production Variable cost (per unit) Materials Labor Plant supervision Selling and administrative Number of units (for the quarter) Required: Select the answer for each of the following costs. a. Variable cost per unit. b. Variable production cost per unit. c. Full cost per unit. d. Full absorption cost per unit. e. Prime cost per unit. f. Conversion cost per unit. g. Contribution margin per unit. h. Gross margin per unit. $ 60 451,400 677,100 15 11 8 12 225,700 units Required A Variable cost per unit. $ 26 $ 34 $ $ 37 46 Required B Variable production cost per unit. $ 26 $ 34 $ 37 $ 46 Full cost per unit. $ 34 $ 29 $ 37 $ 51 Required C D Full absorption cost per unit. $ 34 $ 34 $ 37 $ 51 D Required D Required Required P wired C RequiredD Required E Prime cost per unit. 15 26 EA $ 34 $ 37 Required A Reqared Conversion cost per unit. Required F $ 22 31 26 37 Contribution margin per unit. $ SAGA $ 14 18 35 $ 11 C Required G Gross margin per unit. 14 23 35 Required H $ 11

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

Secrets Of Restraurant Accounting With Quickbooks

Authors: Andrei Besedin

1st Edition

B07BH591FQ

More Books

Students also viewed these Accounting questions

Question

(f) What type of factorial design it is? Pg45

Answered: 1 week ago

Question

10. Describe the relationship between communication and power.

Answered: 1 week ago