Mercer Ltd. makes and sells 10,000 units. Average PRODUCT costs PER UNIT at that level were:...

 

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Mercer Ltd. makes and sells 10,000 units. Average PRODUCT costs PER UNIT at that level were: Direct materials $7.00 Direct labor $3.50 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $4.00 Fixed selling costs $3.00 Fixed administrative costs $2.00 Sales commissions $2.00 Variable administrative expense $0.50 What would be the cost per unit if they produced and sold 8,620 units during the period? (enter rounded to two decimals, e.g., x.xx) Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $32.00 fixed selling costs $5,000 administrative costs (all fixed) $45,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating income or loss (in total) for this period? (enter whole number, show loss as negative) Mercer Ltd. makes and sells 10,000 units. Average PRODUCT costs PER UNIT at that level were: Direct materials $7.00 Direct labor $3.50 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $4.00 Fixed selling costs $3.00 Fixed administrative costs $2.00 Sales commissions $2.00 Variable administrative expense $0.50 What would be the cost per unit if they produced and sold 8,620 units during the period? (enter rounded to two decimals, e.g., x.xx) Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $32.00 fixed selling costs $5,000 administrative costs (all fixed) $45,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating income or loss (in total) for this period? (enter whole number, show loss as negative)

Answer rating: 100% (QA)

Step 12 To calculate the cost per unit if Mercer Ltd produces and sells 8620 units during the period ... View the full answer