3 Part 1 of 4 eBook 101 Hint Print References ! Required information [The following information applies to the questions displayed below.] Cool Sky reports the following for its first year of operations. The company produced 44,000 units and sold 36,000 units at a price of $140 per unit. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses 1a. Assume the company uses absorption costing. Determine its total product cost per unit. Per unit product cost using: Total product cost per unit Absorption costing $ 60 per unit $ 22 per unit $8 per unit $ 528,000 per year $ 11 per unit $ 105,000 per year
3 Part 1 of 4 eBook 101 Hint Print References ! Required information [The following information applies to the questions displayed below.] Cool Sky reports the following for its first year of operations. The company produced 44,000 units and sold 36,000 units at a price of $140 per unit. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses 1a. Assume the company uses absorption costing. Determine its total product cost per unit. Per unit product cost using: Total product cost per unit Absorption costing $ 60 per unit $ 22 per unit $8 per unit $ 528,000 per year $ 11 per unit $ 105,000 per year
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![3
Part 1 of 4
eBook
101
Hint
Print
References
!
Required information
[The following information applies to the questions displayed below.]
Cool Sky reports the following for its first year of operations. The company produced 44,000 units and sold 36,000 units
at a price of $140 per unit.
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
1a. Assume the company uses absorption costing. Determine its total product cost per unit.
Per unit product cost using:
Total product cost per unit
Absorption costing
$ 60 per unit
$ 22 per unit
$8 per unit
$ 528,000 per year
$ 11 per unit
$ 105,000 per year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F18ea1bdc-355f-41b7-9db5-0b18c0a815b3%2F78188cc6-7df0-4240-91cc-ac3aff8baf61%2Fdc5erg_processed.png&w=3840&q=75)
Transcribed Image Text:3
Part 1 of 4
eBook
101
Hint
Print
References
!
Required information
[The following information applies to the questions displayed below.]
Cool Sky reports the following for its first year of operations. The company produced 44,000 units and sold 36,000 units
at a price of $140 per unit.
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
1a. Assume the company uses absorption costing. Determine its total product cost per unit.
Per unit product cost using:
Total product cost per unit
Absorption costing
$ 60 per unit
$ 22 per unit
$8 per unit
$ 528,000 per year
$ 11 per unit
$ 105,000 per year
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