Question: connect CHAPTER 6: COST BEHAVIOUR: ANALISIJE 318 The Foundational 15 [L01 - CC1, 3, 6; LO2- CC7, 9; LO3 - CC12] September August Consider the
connect CHAPTER 6: COST BEHAVIOUR: ANALISIJE 318 The Foundational 15 [L01 - CC1, 3, 6; LO2- CC7, 9; LO3 - CC12] September August Consider the following data for Magnimus Corporation. July 4,200 4,800 4.000 $420,000 $480.000 Sales in units $400,000 77,700 88.500 Sales revenue 74,000 106.30 93.030 Direct materials 88,600 Direct labour 65,160 70.680 63,480 36.000 Manufacturing overhead 31,500 30,000 Sales commission 43,620 41,960 Other selling expenses 315 31,550 31.550 Administrative expenses Required: 6-1 What is the average price per unit sold? Write the cost equation for direct materials. Write the cost equation for direct labour. Write the cost equation for manufacturing overhead. 6-5 Write the cost equation for sales commission. 6-6 Write the cost equation for other selling expenses. Write the cost equation for administrative expenses. 6-8 Compute the total variable product costs per unit. 6-9 Compute the total variable selling and administrative costs per unit. 6-10 If 4,100 units are sold, what is the sales commission expense? 6-11 If 4,500 units are sold, what is the manufacturing overhead cost? 6-12 If 4,700 units are sold, what is the total cost? 6-13 What is the contribution margin per unit? If 4,000 units are sold, what is the total contribution margin? 6-15 If 4,600 units are sold, what is the income? 6-14
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
