Question

Refer to the information for Romer Company on the shown below.
Romer Company produced 14,000 units during its first year of operations and sold 13,800 at $ 22 per unit. The company chose practical activity— at 14,000 units— to compute its pre-determined overhead rate. Manufacturing costs are as follows:
Direct materials .......... $88,200
Direct labor .......... 105,000
Variable overhead ......... 15,820
Fixed overhead .......... 49,000
Required:
1. Calculate the cost of one unit of product under variable costing.
2. Calculate the cost of ending inventory under variable costing.


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  • CreatedSeptember 22, 2015
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