If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $185,000, what isthe manufacturing cost per unit if:a. 3,700 units are manufactured and the company uses the variable costing concept?8b. 5,000 units are manufactured and the company uses the variable costing concept?8c. 3,700 units are manufactured and the company uses the absorption costing concept?57.84d. 5,000 units are manufactured and the company uses the absorption costing concept?45

Absorption costing method is a method of costing in which product cost is calculated by adding…

Answered: If variable manufacturing costs are $8…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EB: Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following...

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Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?
Total costs for ABC Distributing are $250,000 when the activity level is 10,000 units. If variable costs are $5 per unit, what are their fixed costs? $240,000 $200,000 $260,000 Their fixed costs cannot be determined from the information presented.
Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit when 11,000 units are produced. What are the fixed costs per unit when 20,000 units are produced?
Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is 6. Total fixed cost is 10,000. Required: 1. Prepare a CVP graph with Units Sold as the horizontal axis and Dollars as the vertical axis. Label the break-even point on the horizontal axis. 2. Prepare CVP graphs for each of the following independent scenarios: (a) Fixed cost increases by 5,000, (b) Unit variable cost increases to 7, (c) Unit selling price increases to 12, and (d) Fixed cost increases by 5,000 and unit variable cost is 7.
The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
Manufacturing builds and sells switch harnesses for glove boxes. The sales price and variable cost for each follows: Their sales mix is reflected in the ratio 4:4:1. What is the overall unit contribution margin for JJ Manufacturing with their current product mix?
If variable manufacturing costs are $9 per unit and total fixed manufacturing costs are $224,000, what is the manufacturing cost per unit if: a. 4,000 units are manufactured and the company uses the variable costing concept? $ b. 5,600 units are manufactured and the company uses the variable costing concept? c. 4,000 units are manufactured and the company uses the absorption costing concept? $ d. 5,600 units are manufactured and the company uses the absorption costing concept?
If variable manufacturing costs are $9 per unit and total fixed manufacturing costs are $274,500, what is the manufacturing cost per unit if: a. 4,500 units are manufactured and the company uses the variable costing concept? b. 6,100 units are manufactured and the company uses the varlable costing concept? c. 4,500 units are manufactured and the company uses the absorption costing concept? d. 6,100 units are manufactured and the company uses the absorption costing concept? ఉంత త కి Submit Test %24
If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900, what is the manufacturing cost per unit if: a. 3,900 units are manufactured and the company uses the variable costing concept?$fill in the blank 1 b. 5,100 units are manufactured and the company uses the variable costing concept?$fill in the blank 2 c. 3,900 units are manufactured and the company uses the absorption costing concept?$fill in the blank 3 d. 5,100 units are manufactured and the company uses the absorption costing concept?$fill in the blank 4
If variable manufacturing costs are $14 per unit and total fixed manufacturing costs are $212,800, what is the manufacturing cost per unit if a. 3,800 units are manufactured and the company uses the variable costing concept? b. 5,600 units are manufactured and the company uses the variable costing concept? c. 3,800 units are manufactured and the company uses the absorption costing concept? d. 5,600 units are manufactured and the company used the absorption costing concept?
If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $245,100, what is the manufacturing cost per unit if a. 4,300 units are manufactured and the company uses the variable costing concept?
Which of the following would be included in the cost of a product manufactured according to variable costing? a.sales commissions b.direct materials c.interest expense d.office supply costs Another name for variable costing is: a.indirect costing b.process costing c.direct costing d.differential costing If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if a. 20,000 units are manufactured and the company uses the variable costing concept?

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