Question: dont know what to put in fixed overhead above -^ Vintage Company reports the following information. Direct materials Direct labor Units produced per year Variable

dont know what to put in fixed overhead above -^


Vintage Company reports the following information. Direct materials Direct labor Units produced per year Variable overhead Fixed overhead $ 9.10 per unit $ 19.10 per unit 11,000 units $ 9.10 per unit $ 78,100 per year Compute product cost per unit under absorption costing. (Round your answers to 2 decimal places.) Answer is not complete. $ Product cost per unit using absorption costing Direct materials Direct labor Variable overhead Fixed overhead Product cost per unit Per unit 9.10 19.10 9.10 $ 37.30 Ramort Company reports the following for its single product. Ramort produced and sold 21,600 units this year. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Sales price $ 18 per unit $ 20 per unit $ 11 per unit 1 $ 43,200 per year $ 4 per unit $ 66,800 per year $ 84 per unit Compute gross profit under absorption costing. RAMORT COMPANY Gross Profit (Absorption Costing) Sales $ Cost of goods sold Gross profit 1,814,400 Compute contribution margin for the company under variable costing. RAMORT COMPANY Contribution Margin (Variable Costing) Variable expenses
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
