Solution 4:
Total product costs = Direct materials + Direct labor + Overhead
= (1000*$9) + (1000*$3) + (1000*$6) + $9,000 = $27,000
Hence first option is correct
Solution 5:
Overhead is mixed cost
Hence first option is correct.
Question 4 2 pts Sales is $90 per unit; direct material is $9 per unit; direct...
Question 1 2 pts Sales is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Gross margin equals: $68,000 $63,000 $37,000 $90,000 Question 2 2 pts Sales is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit...
1). Sales is $100 per unit; direct material is $22 per unit; direct labor is $18 per unit; overhead is $8 per unit and $1,800 per month; selling and administrative expenses are $5 per unit and $1,400 per month. If the company produced 100 units, total period costs are: a).$1,900 b).$4,800 c).$6,600 d).$500 2).Sales is $100 per unit; direct material is $25 per unit; direct labor is $15 per unit, overhead is $10 per unit and $20,000 per month; selling...
2600 2,800 2,100 sales. of the (based on production of 27,000 units) and $.80 per unit variable manufacturing overhead. 2. Compute the budgeted selling and administrative expenses statement for the handisaw product for the first quarter. (Round direct material, direct labor and overhead costs per unit to 2 decimal places Round final answers to the nearest dollar amount.) Budgeted Income Statement ist Budgeted Gross Profit
Exercise 4 Sales = 250 per unit;Direct Material - 25 per unit Direct Labor - 30 per unit:Direct Overhead - 15 per unit Find out the contribution per unit. Fixed cost per unit 10 per unit Find out the Profit per Unit
Echo Amplifiers prepared the following sales budget for the first quarter of 2018: Jan. Feb. Mar. Units 900 1,200 1,600 Sales price $100 $100 $100 Budgeted sales $90,000 $120,000 $160,000 It also has this additional information related to its expenses: Direct material per unit $1.50 Direct labor per unit 2 Variable manufacturing overhead per hour 0.50 Fixed manufacturing overhead per month 2,900 Sales commissions per unit 14 Sales salaries per month 4,900 Delivery expense per unit 0.50 Factory utilities per...
6.3-38a * Question Help Production and sales volume Selling price Direct material Direct labor Manufacturing overhead Gross profit Selling and administrative Operating profit T-SHIRTS 61,000 units $16.00 $3.00 $4.50 $2.00 $6.50 $4.00 $2.50 SWEATSHIRTS 32,000 units $29.00 $5.00 $8.20 $3.00 $12.80 $7.00 $5.80 What is the projected decline in operating income if the direct materials costs of T-Shirts increase to $4.50 per unit and direct labor costs of Sweatshirts increase to $14.00 per unit? O A. $722,500 O B. $185,600...
5 pts Question 1 Norred Corporation has provided the following information: Cost per Unit Cost per Period $ Direct materials 7.50 Direct labor $ 3.70 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 121,500 Sales commissions $ 1.50 Variable administrative expense $ 0.45 Fixed selling and administrative expense $ 44,500 If 8,000 units are produced the total amount of indirect manufacturing cost incurred is closest to: O $12.800 O $134.300 $135.900 O $121,500 Question 2 5
$19 Variable cost per unit: Direct materials Fixed costs per year: Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $250,000 $300,000 $90,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 20,000 units and sold 18,000 units. The selling price of the company's product is $55 per unit. Required: 1. Assume the company uses super-variable costing: b. Compute the unit product cost for...
Kubin Company’s relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Amount per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.50 Required:1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 22,000 units are produced and sold, what is the variable cost per unit produced and sold?3. If 18,000 units are produced...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17