Need help with this question solution general accounting A manufacturer has the following production costs for5,000 units:⚫ Direct materials = $45,000•. Direct labor = $25,000⚫ Variable overhead = $20,000•⚫ Fixed overhead = $35,000Calculate the total cost per unit.A. $18.00B. $20.00C. $25.00D. $28.00

Step 1: Definition of Total Cost Per UnitThe total cost per unit is calculated by summing all…

Answered: A manufacturer has the following…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead. Which of the following is true? a. Prime costs are 150,000; conversion costs are 180,000. b. Prime costs are 130,000; conversion costs are 150,000. c. Prime costs are 150,000; conversion costs are 130,000. d. Prime costs are 180,000; conversion costs are 150,000.
The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials, $17,000; direct labor, $33,000; and manufacturing overhead, $70,000? A. $16,000 B. $50,000 C. $103,000 D. $120000
Given the following information: Average Cost per Unit: Direct materials: $12.00 Direct labor: $7.00 Variable manufacturing overhead: $4.00 Fixed manufacturing overhead: $10.00 Fixed selling expense: $6.00 Fixed administrative expense: $5.00 Sales commissions: $4.00 Variable administrative expense: $3.00 Assuming the cost object is units of production, what is the total indirect manufacturing cost incurred to make 40,000 units?
Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit? A. $15 B. $11 C. $13 D. $14 MCQ
MCQ
Direct materials = $10 per unitDirect labor = $5 per unitVariable manufacturing overhead = $2 per unitFixed manufacturing overhead = $1,000Units produced is 1,000 units What is the cost per unit using the absorption method? What is the cost per unit using the variable method?
BrightCo produces 10,000 units. Costs . Direct materials: $6 • Direct labor: $5 per unit: • . • Variable manufacturing overhead: $1.50 Fixed manufacturing overhead: $3 Selling expense: $2 Administrative expense: $2.50 What's the total product cost?
Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit? A. $15 B. $11 C. $13 D. $14
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Eon Ltd produces 15,000 products with Variable Cost per unit being £7 direct materials, £10 direct labour, and £24 variable overhead. In addition to the per-unit costs, the fixed overhead is £75,000. What is the unit cost of the product using the absorption costing technique? a. £42 b. £46 c. £52 d. £56
Summit Electronics produces and sells 3,500 units of a product. The following cost data is available: Sales Price: $600.00 per unit Fixed Costs: • Marketing and administrative: $250,000 per period Manufacturing overhead: $150,000 per period Variable Costs (per unit): Marketing and administrative: $40.00 Manufacturing overhead: $55.00 • • Direct labor: $75.00 . Direct material: $140.00 What is the full cost per unit of making and selling the product?

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A manufacturer has the following production costs for 5,000 units: ⚫ Direct materials = $45,000 • . Direct labor = $25,000 ⚫ Variable overhead = $20,000 • ⚫ Fixed overhead = $35,000 Calculate the total cost per unit. A. $18.00 B. $20.00 C. $25.00 D. $28.00