Please do not give solution in image format thanku Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information aboutcosts, production, and sales for the month of March is provided below:Variable CostsFixed CostsDirect materialsDirect labourVariable manufacturing overheadVariable selling/administration$11.00/unit$4.00/unit Selling and Administration$2.75/unitUnits produced in period$1.00/unitUnits sold in periodBeginning inventoryManufacturing overhead $26,000$11,0005,0005,000$0What is the variable cost of goods sold for Alpha Company under a variable costing system?

VARIABLE COSTINGVariable Costing is a Cost Managerial Accounting Method in which all variable cost…

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead $2.75/unit Variable selling/administration $1.00/unit $11.00/unit $4.00/unit Selling and Administration Units produced in period Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead $2.75/unit Variable selling/administration $1.00/unit $11.00/unit $4.00/unit Selling and Administration Units produced in period Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?

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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