1. The costing method that can be used most easily with break-even analysis and other cost-s fume-profit...
Question:
1. The costing method that can be used most easily with break-even analysis and other cost-s °fume-profit techniques is:
A. Variable costing.
B. Absorption costing.
C. process costing.
D. job-order costing.
2. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Units in beginning inventor…………………………. 0
Units produced ………………………………………… 6.700
Units sold …………………………………………………..6,300
Variable costs per unit:
Direct materials ……………………………………….. $20
Direct Labor ……………………………………………….$41
Variable Manufacturing overhead ……………..$7
Variable selling and administrative …………….$7
Fixed costs:
Fixed manufacturing overhead ………………….$147,400
Fixed selling and administrative …………………$12,600
What is the variable costing unit product cost for the month?
A. $97
B. $90
C. $68
D. $75
Value at Risk The New Benchmark for Managing Financial Risk
ISBN: 978-0071464956
3rd edition
Authors: Philippe Jorion