Blossom Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown...
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Blossom Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 4,200 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $356 and $237, respectively. Production in Units 4,200 Production Costs Direct materials $8,902 Direct labor 29,437 Utilities 2,456 Property taxes 1,187 Indirect labor 5,341 Supervisory salaries 2,255 Maintenance 1,497 Depreciation 2,849 V Your answer is correct. Identify the above costs as variable, fixed, or mixed. Costs Direct materials Variable Direct labor Varlable Utilities Mixed : Property taxes Fixed : Indirect labor Variable : Supervisory salaries T Fixed: Maintenance Mixed Depreciation Fixed Your answer is correct. Calculate variable costs per unit, variable cost per unit for utilities and variable cost per unit for maintenance. Exclude mixed costs in the calculation for variable cost per unit. (Round answers to 2 decimal places e.g. 2.25.) Variable cost per unit (Exclude variable cost for utilities and maintenance) 10.4 Variable cost per unit for utilities 0.50 Variable cost per unit for maintenance 0.30 SHOW SOLUTION LINK TO TEXCT * Your answer is incorrect. Try again. Calculate the expected costs when production is 5,935 units. Cost to produce 5.935 units Click if you would like to Show Work for this question: Qpen Show Work Blossom Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 4,200 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $356 and $237, respectively. Production in Units 4,200 Production Costs Direct materials $8,902 Direct labor 29,437 Utilities 2,456 Property taxes 1,187 Indirect labor 5,341 Supervisory salaries 2,255 Maintenance 1,497 Depreciation 2,849 V Your answer is correct. Identify the above costs as variable, fixed, or mixed. Costs Direct materials Variable Direct labor Varlable Utilities Mixed : Property taxes Fixed : Indirect labor Variable : Supervisory salaries T Fixed: Maintenance Mixed Depreciation Fixed Your answer is correct. Calculate variable costs per unit, variable cost per unit for utilities and variable cost per unit for maintenance. Exclude mixed costs in the calculation for variable cost per unit. (Round answers to 2 decimal places e.g. 2.25.) Variable cost per unit (Exclude variable cost for utilities and maintenance) 10.4 Variable cost per unit for utilities 0.50 Variable cost per unit for maintenance 0.30 SHOW SOLUTION LINK TO TEXCT * Your answer is incorrect. Try again. Calculate the expected costs when production is 5,935 units. Cost to produce 5.935 units Click if you would like to Show Work for this question: Qpen Show Work
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1 IDENTIFY THE ABOVE COST ARE VARIABLE FIXED OR MIXED COSTS IDENTIFY AS DIRECT MATERIAL VARIABLE DIR... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
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