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1. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total fixed overhead remains at $50,000. Absorption costing Direct labor Direct materials Varlable overhead Fixed overhead 2 Product cost per unit 3 Per unit $4.00 2.00 4.00 4.00 $14.00 42. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or 5 decrease? 26 Units produced 12,500

1. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total fixed overhead remains at $50,000. Absorption costing Direct labor Direct materials Varlable overhead Fixed overhead 2 Product cost per unit 3 Per unit $4.00 2.00 4.00 4.00 $14.00 42. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or 5 decrease? 26 Units produced 12,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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7 Absorption costing 18 Direct labor 19 Direct materials 20 Varlable overhead 21 Fixed overhead 22 ន ន ន ន .. 23 (Use cells A2 to H15 from the given Information to complete this question.) M 3 41. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total 5 fixed overhead remains at $50,000. 6 26 B Product cost per unit 27 C Per unit $4.00 2.00 4.00 4.00 $14.00 D E F 24 2. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or 25 decrease? G H Units produced 12,500
Transcribed Image Text:7 Absorption costing 18 Direct labor 19 Direct materials 20 Varlable overhead 21 Fixed overhead 22 ន ន ន ន .. 23 (Use cells A2 to H15 from the given Information to complete this question.) M 3 41. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total 5 fixed overhead remains at $50,000. 6 26 B Product cost per unit 27 C Per unit $4.00 2.00 4.00 4.00 $14.00 D E F 24 2. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or 25 decrease? G H Units produced 12,500
Under absorption costing, a company had the following per unit costs when 10,000 units were produced. 4 Direct materials 5 Direct labor 6 Variable overhead 7 8 2 3 Fixed overhead ($50,000/10,000 units) Total product cost per unit 9 10 Required: 11 12 (Use cells A2 to H15 from the given Information to complete this question.) 13 $3.00 2.00 4.00 5.00 $14.00 14 1. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total 15 fixed overhead remains at $50,000. 16 17 Absorption costing 18 Direct labor Graded Worksheet + Calculation Mode: Automatic Workbook Statistics Per unit $4.00 Units produced 10,000 Fixed Overhead $50,000 Units produced 12,500
Transcribed Image Text:Under absorption costing, a company had the following per unit costs when 10,000 units were produced. 4 Direct materials 5 Direct labor 6 Variable overhead 7 8 2 3 Fixed overhead ($50,000/10,000 units) Total product cost per unit 9 10 Required: 11 12 (Use cells A2 to H15 from the given Information to complete this question.) 13 $3.00 2.00 4.00 5.00 $14.00 14 1. Compute total product cost per unit under absorption costing if instead 12,500 units are produced. Total 15 fixed overhead remains at $50,000. 16 17 Absorption costing 18 Direct labor Graded Worksheet + Calculation Mode: Automatic Workbook Statistics Per unit $4.00 Units produced 10,000 Fixed Overhead $50,000 Units produced 12,500
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