Question: Variable Manufacturing Costs Direct Materials - $7per unit Direct Labor - $a perunit Variable Ouerhead - 84 per unit Fixed overhead losts Per Yea Fixed

 Variable Manufacturing Costs Direct Materials - \$7per unit Direct Labor -

\$a perunit Variable Ouerhead - 84 per unit Fixed overhead losts Per

Yea Fixed monufactuing overhead \$100, o00per year Selling \&\& Adminis trative Costs

Per Year Fixed - 45,000 peryear Variable- 585 per year Selling Price

Variable Manufacturing Costs Direct Materials - \$7per unit Direct Labor - \$a perunit Variable Ouerhead - 84 per unit Fixed overhead losts Per Yea Fixed monufactuing overhead \$100, o00per year Selling \&\& Adminis trative Costs Per Year Fixed - 45,000 peryear Variable- 585 per year Selling Price - \$100 per unit Units Sold S Units produeed Oold 7,500 Produced-10,000 Required: 1. Compute its product cost per unit using variable costing. 2. Determine the cost of ending finished goods inventory using variable costing. 3. Determine the cost of goods sold using variable costing. Complete this question by entering your answers in the tabs below. Compute its product cost per unit using variable costing. Determine the cost of ending finished goods inventory using variable costing. Determine the cost of goods sold using variable costing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!