Marley Company produces a single product and has provided the following data from its most recent...

  

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Marley Company produces a single product and has provided the following data from its most recent month of operation: Units in beginning inventory Units produced Units sold Units in ending inventory Fixed costs: Fixed MOH Fixed selling & admin 100 Variable costs per unit: 2,000 Direct materials 1,800 Direct labor b. Under absorption costing 300 Variable MOH Variable selling & admin $74,000 $114,000 Selling price per unit 1. What is the unit product cost for the month? a. Under variable costing $32 $53 $8 $1 $210 2. What is the contribution margin under variable costing? 3. What is the gross margin under absorption costing? (Units made in the prior month cost $128 ($93 variable and $35 fixed). 4. What is the net operating income for the month? a. Under variable costing? b. Under absorption costing? 5. Prepare a reconciliation of net operating income under variable costing to net operating income under absorption costing. Marley Company produces a single product and has provided the following data from its most recent month of operation: Units in beginning inventory Units produced Units sold Units in ending inventory Fixed costs: Fixed MOH Fixed selling & admin 100 Variable costs per unit: 2,000 Direct materials 1,800 Direct labor b. Under absorption costing 300 Variable MOH Variable selling & admin $74,000 $114,000 Selling price per unit 1. What is the unit product cost for the month? a. Under variable costing $32 $53 $8 $1 $210 2. What is the contribution margin under variable costing? 3. What is the gross margin under absorption costing? (Units made in the prior month cost $128 ($93 variable and $35 fixed). 4. What is the net operating income for the month? a. Under variable costing? b. Under absorption costing? 5. Prepare a reconciliation of net operating income under variable costing to net operating income under absorption costing.

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2 Contribution Margin under variable costing 37800 Sale 180 x 210 Esy V... View the full answer