1.Compute the variable manufacturing cost per unit.2.Compute the variable cost per unit.3.Compute the full manufacturing cost per unit4.Compute the full cost to make and sell per unit. Exercise 3. Given the following facts, complete the requirements below:Sales PriceFixed Costs:P200 per unitManufacturing OverheadMarketing and AdministrativeVariable Costs:P30,000 per periodP24,000 per periodDirect MaterialsDirect LaborManufacturing OverheadMarketing and AdministrativeUnits produced and soldP60 per unitP30 per unitP9 per unitP6 per unit1,200 per period

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1.Compute the variable manufacturing cost per unit. 2.Compute the variable cost per unit. 3.Compute the full manufacturing cost per unit

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

1.Compute the variable manufacturing cost per unit.

2.Compute the variable cost per unit.

3.Compute the full manufacturing cost per unit

4.Compute the full cost to make and sell per unit.

Exercise 3. Given the following facts, complete the requirements below:
Sales Price
Fixed Costs:
P200 per unit
Manufacturing Overhead
Marketing and Administrative
Variable Costs:
P30,000 per period
P24,000 per period
Direct Materials
Direct Labor
Manufacturing Overhead
Marketing and Administrative
Units produced and sold
P60 per unit
P30 per unit
P9 per unit
P6 per unit
1,200 per period

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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