User Account

All Pages

Calculate the cost per unit using absorption costing

Assignment Help Accounting Basics
Reference no: EM131735822

Problem -

Units in beginning Inventory -

Units Produced -- $12,000

Units Sold -- $10,500

Sales prince per unit-- $22.00

Variable cost per unit:

Direct materials--- $7.00

Direct Labor--- $4.00

Manufacturing overhead--- $2.00

Selling & Administrative--- $1.00

Fixed Cost in Total:

Manufacturing overhead--- $36,000.00

Selling & Administrative---- $50,000.00

Calculate the cost per unit, using absorption costing a variable costing.

Reference no: EM131735822

Questions Cloud

Examples of industries that are monopolistically competitive : 1. Give examples of industries that are monopolistically competitive. Find the news articles, books which explain these examples.
What amount should wildhorse report in income statement : Wildhorse effective income tax rate is 30% for 2018. What amount should Wildhorse report in its 2018 income statement as the current provision for income taxes
Injections and withdrawals into an economy : How do injections and withdrawals into an economy affect its income and output?
Roskin and berry allude to the tendency toward idealism : Roskin and Berry allude to the tendency toward idealism in international politics before WWII ended in 1945
Calculate the cost per unit using absorption costing : Units in beginning Inventory - Units Produced -- $12,000. Calculate the cost per unit, using absorption costing a variable costing
Speculate on the likely outcome of the situation : Explain your answer with specifics from the current situation. Speculate on the likely outcome of the situation,
Write essay in which you attempt to persuade your audience : Write an essay in which you attempt to persuade your audience to adopt a specific behavior/specific belief. Here is a list of ideas to help you get started:
Financial plan that can help keep track of personal income : financial plan that can help keep track of my personal income
Identify the security vulnerabilities that were exploited : What does it mean to "Identify the Security Vulnerabilities that were exploited"?. I am in IT 552. This is Assignment 1 for Module 1.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Findings and recommendations to manager

You will write a short email explaining your findings and recommendations to your manager. Your manager will use your email to present your findings at his 9am meeting. Your manager will only have 5 minutes prior to the scheduled meeting to prep s..

  Test indefinite life intangible assets

Prepare the necessary journal entries for the years ending December 31, 2011, 2012, and 2013. Show all computations.

  Analyze the relationship between measurement and recognition

For Frantek's current year-end as well as subsequent year-ends, discuss the accounting issues raised by the amendment to the agreement

  Slim corp requires a minimum 8000 cash balance if necessary

slim corp. requires a minimum 8000 cash balance. if necessary loans are taken to meet this requirement at a cost of 1

  Problem regarding the working backward-depreciation

Polk Corp. purchased new store fixtures for $55,000 on January 31, 2012. Polk depreciates assets using the straight-line method and estimated a salvage value for the machine of $5,000. On its December 31, 2014, balance sheet, Polk reported the fol..

  Discuss the cash budget

Kaizen Corp. requires a minimum $8,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly).

  On january 4 2013 runyan bakery paid 350 million for 10

on january 4 2013 runyan bakery paid 350 million for 10 million shares of lavery labeling company common stock. the

  If 23694 in fixed costs will be eliminated by dropping the

pottery unlimited has two product lines cups and pitchers. income statement data for the most recent year

  For this textbook edition the rate 06 was used for the futa

note for this textbook edition the rate 0.6 was used for the futa tax rate for employers. the following unemployment

  Analyse the assumptions behind capture theories

Analyse the assumptions behind public interest, private interest and capture theories and evaluate which one best explains each of the comment letters

  Compute the break-even point

In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.

  Latin america has some very unique physical geographical

latin america has some very unique physical geographical climate landforms etc.. phenomena. explain and describe using

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd