Stober Company produces a specialty item. Management has provided the following information: Actual sales 60,000 units Budgeted
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Stober Company produces a specialty item. Management has provided the following information:
Actual sales | 60,000 units |
---|---|
Budgeted production | 50,000 units |
Selling price | $40.00 per unit |
Direct material costs | $10.00 per unit |
Variable manufacturing overhead | $3.00 per unit |
Variable administrative costs | $5.00 per unit |
Fixed manufacturing overhead | $4.00 per unit |
1. What is the cost per statue if throughput costing is used?
A) $22.00
B) $19.00
C) $15.00
D) $10.00
2. What is the total throughput contribution?
A) $1,500,000
B) $1,620,000
C) $1,380,000
D) $1,800,000
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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