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What the cost of goods sold per unit for billabong was

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Reference no: EM132624823

Problem 1: The following total cost information is supplied to you by Billabong Limited:

Direct materials $50,000

Direct labour $20,000

Manufacturing overhead $80,000

Administrative expenses $36,000

Billabong produced and sold 10,000 units at a price of $25 each.

Required:

The cost of goods sold per unit for Billabong was:

A. $7.00

B. $15.00

C. $20.00

D. $18.60

Problem 2: Refer to the information for Billabong Ltd in Problem 1 above. The operating Income for Billabong was?

A. $64,000

B. $34,000

C. $110,000

D. $74,000

Reference no: EM132624823

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