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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please include excel formulas
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e314950-d015-4e7b-bc1d-bbb11e70a793%2F295c8da5-25d3-4ac1-afa8-6a1123589da7%2Fx4x5n8p_processed.jpeg&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e314950-d015-4e7b-bc1d-bbb11e70a793%2F295c8da5-25d3-4ac1-afa8-6a1123589da7%2Fibce0c_processed.jpeg&w=3840&q=75)
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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