1. The total variable costs charged to expense for the year, assuming that NUBD uses variable costing would be?2. The total fixed costs charged against the current year’s operations assuming that NUBD uses absorption costing is? The following information is available for NUBD Corporation's new product line:Selling price per unitVariable manufacturing cost per unit of productionTotal annual fixed manufacturing costsVariable administrative costs per unit of productionTotal annual fixed selling and administrative expensesP 158.25,000315,000

Solution:- 1)Calculation of total variable costs charged to expense for the year, assuming that NUBD…

1. The total variable costs charged to expense for the year, assuming that NUBD uses variable costing would be? 2. The total fixed costs charged against the current year’s operations assuming that NUBD uses absorption costing is?

1. The total variable costs charged to expense for the year, assuming that NUBD uses variable costing would be? 2. The total fixed costs charged against the current year’s operations assuming that NUBD uses absorption costing is?

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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Question

100%

1. The total variable costs charged to expense for the year, assuming that NUBD uses variable costing would be?

2. The total fixed costs charged against the current year’s operations assuming that NUBD uses absorption costing is?

The following information is available for NUBD Corporation's new product line:
Selling price per unit
Variable manufacturing cost per unit of production
Total annual fixed manufacturing costs
Variable administrative costs per unit of production
Total annual fixed selling and administrative expenses
P 15
8.
25,000
3
15,000

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