Company, which has only one product, has provided the following data concerning its ost recent month...
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Company, which has only one product, has provided the following data concerning its ost recent month of operations: Selling Price Unit in beginning inventory Unit Produced Units Sold Units in ending inventory Variable costs per unit: Direct Materials $86 Direct Labour $38 Variable manufacturing Overhead $5 Variable selling and admin. $20 Fixed Costs: Fixed manufacturing overhead Fixed Selling & Admin. $110 O 4,600 4,200 400 $55,300 $22,500 Required: (a) Compute the unit product cost for the month under variable costing. (b) Compute the unit product cost for the month under absorption costing. Company, which has only one product, has provided the following data concerning its ost recent month of operations: Selling Price Unit in beginning inventory Unit Produced Units Sold Units in ending inventory Variable costs per unit: Direct Materials $86 Direct Labour $38 Variable manufacturing Overhead $5 Variable selling and admin. $20 Fixed Costs: Fixed manufacturing overhead Fixed Selling & Admin. $110 O 4,600 4,200 400 $55,300 $22,500 Required: (a) Compute the unit product cost for the month under variable costing. (b) Compute the unit product cost for the month under absorption costing.
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Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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