Question: 10,11,12 Question 10: Fixed costs are $75,000. Variable costs are $15 per unit. Sales price is $37 per unit. How many units need to be
Question 10: Fixed costs are $75,000. Variable costs are $15 per unit. Sales price is $37 per unit. How many units need to be sold to earn a contribution margin of $75,000? Question 11: A company starts the period with 2,000 units that are each 35% complete. The company finishes those units and starts the manufacture of 7,500 units. 5,000 of those units are also finished during the period. The remaining 2,500 units are each 30% complete. Total costs transferred in from last period and incurred this period were $200,000. What is the cost per equivalent unit using the weighted average method? Question 12: A company incurs $50,000 for direct materials and labor and $30,000 in fixed overhead to make 3,000 units. The company planned to incur $40,000 for direct materials and labor and $25,000 in fixed overhead to make 2,500 units. What is the flexible budget variance
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