Consider the following data: Variable selling and administrative costs per unit . $ 7.00 Total fixed selling
Question:
Consider the following data:
Variable selling and administrative costs per unit . $ 7.00
Total fixed selling and administrative costs .... $810,000
Total fixed manufacturing costs ....... $500,000
Variable manufacturing costs per unit ..... $ 12.00
Units produced and sold ........... 100,000
Compute the following per unit of product:
(a) Total variable costs,
(b) Full manufacturing cost,
(c) Full cost.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Fixed manufacturing cost 500000 100000 500 Fixed selling and admin cost 810000 100000 810 ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
Students also viewed these Managerial Accounting questions
-
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 16,000 18,000 15,000 14,000 The companys...
-
Consider the following data from three different firms (1, 2, and 3) each selling to two different customers (A and B). Shown are the price per unit charged each customer and the marginal cost of...
-
Consider the following data for three different companies: The patterns of cash flows for these firms differ. One firm is a growth firm that is expanding rapidly, another firm is in danger of...
-
Hombran Doughnuts has current assets of $270 million; property, plant, and equipment of $400 million; and other assets totaling $160 million. Current liabilities are $160 million and long-term...
-
What forces restrict today's market demand for disposable diapers from reaching the maximum market demand? Shown here are the factors that restrict market development, as presented in Figure 3-6,...
-
Each rear tire on an experimental airplane is supposed to be filled to a pressure of 40 pound per square inch (psi). Let X denotes the actual air pressure for the right tire and Y denotes the actual...
-
Rudiger is sitting at his desk in his seventh-floor corner office in the city, gazing out over London and reflecting on life. At 43, he is at the top of his game. He has everything he could wish fora...
-
Spartan Enterprises runs a chain of drive-in ice cream stands in Lansing during the summer season. Managers of all stands are told to act as if they owned the stand and are judged on their profit...
-
You are working with older adults in a geriatric care unit. Your nurse manager asks you to measure the intake of desserts in the dining hall. You report that 3 adults consumed 0 desserts, 27 adults...
-
Friendly Furniture, Inc., a manufacturer of fine hardwood furniture, is a publicly held SEC- registered company with a December 31 year- end. During May, Friendly had a flood due to heavy rains at...
-
Many colleges and universities have been extensively advertising their services. For example, a university in Philadelphia used a biplane to pull a sign promoting its evening program, and one in...
-
The Velasquez Company, a maker of a variety of metal and plastic products, is in the midst of a business downturn and is saddled with many idle facilities. Columbia Health Care has approached...
-
The owner of a very small, part-time business is very disorganised and doesnt like filing invoices, accounts and receipts. What is the point of keeping all that paper work?, he asks. Once the details...
-
According to Elon Musk, his intentions were to make reforms to Twitter, such as cutting back on advertisements and boosting revenue. However, this has come with a lot of backlash from Twitter...
-
Identify gaps - research what other companies (or industries) are doing around sustainability that you think your chosen hotel/hotel company could be doing. These gaps could be around specific...
-
Contractor was hired by homeowner, in the construction of homeowner's residence, to install a standard of pipe known as "Smith Manufacture." The parties reduced the same to writing and entered into a...
-
The human heart creates the body's largest electromagnetic field. During normal beating, an electrocardiogram measures a voltage of 2.7 mV between two electrical contact pads on the chest that are...
-
The GoodTimes Frozen Food Company has a factory in Langley, BC and sales and distribution centers in Langley, Calgary, AB and Markum, ON. For many years the company's best selling product was a line...
-
What is the ratio of the energy of a photon of light at the far red end of the visible spectrum (700 nm) to that of a photon at the far blue end of the visible spectrum (400 nm)?
-
The time to assemble the first unit on a production line is 10 hours. The learning rate is 0.94. Approximately how long will it take for the seventh unit to be assembled? The number of hours needed...
-
A country currently prohibits any FDI into the country. Its government is considering liberalizing this policy. You have been hired as a consultant to a group of foreign firms that want to see the...
-
Nike is an Oregon-based company that focuses on the design, development and worldwide marketing of high-quality sports footwear, apparel, equipment and accessory products. Nike is the largest seller...
-
Enriquez Food Services Company operates, and services snack vending machines located in restaurants, gas stations and factories in four southwestern states. The machines are rented from the...
-
For each of the following situations, indicate how ethical standards for management accounting may influence the manager and what the appropriate action should be: 1. At a dinner party, a guest asked...
-
A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is invested in the fund at the start of each year, beginning immediately and continuing up to and including...
-
Durco Automotive needs a $2 million balance in its contingency fund 3 years from now. The chief financial officer (CFO) wants to know how much to deposit now into Durco's high-yield investment...
-
3. Create a chart for gross margin less R&D and capital costs calculations. a. Calculate gross margin less R&D and capital costs for options A and B. b. Graph total gross margin less R&D and capital...
Study smarter with the SolutionInn App