Homework Answers
Answer- $12
Explanation-
Variable cost refers to that cost which varies with the level of output. Here, The variable costs are direct materials, direct labour and variable manufacturing overhead. Accordingly,
Variable cost to manufacture 1 unit of product X = $12 per unit
(Direct material +direct labour + variable manufacturing overhead)
= ($5 + 4 + 3 )
= $12 per unit.
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Question 9 Sheridan Corporation manufactures a single product. The standard cost per unit of product is shown below....
Question 9
Sheridan Corporation manufactures a single product. The standard
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16.65
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9.00
Fixed manufacturing overhead
9.00
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Variable manufacturing overhead
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Fixed manufacturing overhead
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Question 9
Sheridan Corporation manufactures a single product. The standard
cost per unit of product is shown below.
Direct materials—1 pound plastic at $7.00 per pound
$ 7.00
Direct labor—1.5 hours at $11.10 per hour
16.65
Variable manufacturing overhead
9.00
Fixed manufacturing overhead
9.00
Total standard cost per unit
$41.65
The predetermined manufacturing overhead rate is $12.00 per direct
labor hour ($18.00 ÷ 1.5). It was computed from a master
manufacturing overhead budget based on normal production of 9,000
direct...
Kingbird Corporation manufactures a single product. The standard
cost per unit of product is shown below.
Direct materials—1 pound plastic at $6.00 per pound
$ 6.00
Direct labor—1.5 hours at $12.20 per hour
18.30
Variable manufacturing overhead
9.00
Fixed manufacturing overhead
15.00
Total standard cost per unit
$48.30
The predetermined manufacturing overhead rate is $16.00 per direct
labor hour ($24.00 ÷ 1.5). It was computed from a master
manufacturing overhead budget based on normal production of 8,700
direct labor hours...
Consider the following information: Number of units produced 2,000 units Direct materials cost : $8 per unit Direct labor cost : $12 per unit Variable manufacturing overhead $6 per unit Fixed manufacturing overhead $8,000 per unit Variable selling and administrative cost $2 per unit Fixed selling and administrative cost $6,000 Based on the information, what is the unit product cost under absorption costing system? O $26 O $30 O $28 O $32
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $7 per pound Direct labor-2.50 hours at $11.80 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 29.50 17.50 17.50 $71.50 The predetermined manufacturing overhead rate is $14 per direct labor hour ($35.00 = 2.50). It was computed from a master manufacturing overhead budget based on normal production of 13,250 direct labor hours...
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