Alpha Manufacturing produces electronic components. In 2023, their first year of operations: ⚫ Production: 10,000 units ⚫ Sales: 7,000 units ⚫ Selling price: $300 per unit ⚫ Variable manufacturing costs: $80 per unit ⚫ Variable selling expenses: $40 per unit ⚫ Fixed manufacturing costs: $600,000 ⚫ Fixed administrative expenses: $200,000 Calculate the unit manufacturing cost under absorption costing for 2023.

Alpha Manufacturing produces electronic components. In 2023, their first year of operations: ⚫ Production: 10,000 units ⚫ Sales: 7,000 units ⚫ Selling price: $300 per unit ⚫ Variable manufacturing costs: $80 per unit ⚫ Variable selling expenses: $40 per unit ⚫ Fixed manufacturing costs: $600,000 ⚫ Fixed administrative expenses: $200,000 Calculate the unit manufacturing cost under absorption costing for 2023.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter5: Activity-based Costing And Management

Section: Chapter Questions

Problem 16MCQ: Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000...

See similar textbooks

Similar questions

Fast Track Auto produces and sells an auto part for S65 per unit. In 2020, 125,000 parts were produced and 80,000 units were sold. Other information for the year includes: Direct Materials $20 per unit Direct manufacturing labor $5 per unit Variable manufacturing costs $3 per unit Sales commissions $6 per part Fixed Manufacturing costs $790,000 per year Administrative expenses, all fixed $320,000 per year What is the inventoriable cost per unit using absorption costing? A. $28.00 B. $36.88 C. $34.32 D. $34.00
please help me, thank you
What is the per unit manufacturing cost under variable costing?
Maxim Manufacturing operations for 2022 are as follows: Per unit: $ Sales price 50 Direct material cost 18 Direct wages 4 Variable production overhead 3 Per month: Fixed production overhead 99 000 Fixed selling expenses 14 000 Fixed administration expenses 26 000 Variable selling expenses is 10% of sales value. Normal capacity was 11 000 units per month. October 2022 November 2022 Units Units Sales 10 000…
Limpopo Limited plans to manufacture a new energy efficient outdoor light and the following information is available: The estimated sales for the year 2024 are 5000 units at R30 each. The estimated costs for the 2024 year comprise of direct materials and direct labour of R9 and R2 per unit respectively. Fixed factory overheads are R20 000 per annum, fixed administrative expenses are R23 000 per annum and selling expenses are calculated at 20% of selling price per unit. Required: 1.1 Calculate the breakeven quantity (round off to nearest unit) 1.2 Calculate the breakeven value 1.3 Calculate the breakeven value using the marginal income ratio. 1.4 Calculate the selling price per unit if the profit per unit is R2 using the sales quantity of 5000 units provided in the information above. 1.5 Calculate the new breakeven quantity and value if the selling price is decreased by 10% (round off to the nearest unit)
General Accounting
What is the per unit manufacturing cost under variable costing?
Bramble Corp. has a weighted-average unit contribution margin of $30 for its two products Standard and Supreme. Expected sales for Bramble are 60000 Standard and 40000 Supreme. Fixed expenses are $1950000. At the expected sales level, Bramble's net income will be O $3000000. O$750000. O $(450000). $1050000. e Textbook and Media
Tamarisk Inc is a company that manufactures and sells a single product. Unit sales for each of the 4 quarters of 2020 are projected as follows: q1 = 96,000 units q2 = 180,000 units q3 = 660,000 units q4 = 144,000 annual total = 1,080,000 units Tamarisk incurs variable mfg costs of $0.40 per unit and variable non-mfg costs of $0,35 per unit. Tamarisk will incur fixed mfg costs of $864,000 and fixed non-mfg costs of $1,296,000. Tamarisk will sell its product for $4 per unit. Compute Tamarisk's profit margin on sales for each of the four quarters of 2020 under both the integral and discrete approaches.
Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell 40,000 ceiling fans and 70,000 table fans in the coming year. Product price and cost information includes: Ceiling Fan Table Fan Price $56 $17 Unit variable cost $13 $8 Direct fixed cost $21,200 $43,000 Common fixed selling and administrative expenses total $98,000. Required: 1. What is the sales mix estimated for next year (calculated to the lowest whole number for each product)?Sales mix of ceiling fans to table fans = ______ : _____ 2. Using the sales mix from Requirement 1, form a package of ceiling fans and table fans. How many ceiling fans and table fans are sold at break-even? Round your intermediate calculations and final answers to the nearest whole number. Break-even ceiling fans ______ Break-even table fans ______ 3. Prepare a contribution-margin-based income statement for Vandenberg, Inc., based on the unit sales calculated in Requirement 2. If…
Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell 40,000 ceiling fans and 50,000 table fans in the coming year. Product price and cost information includes: Ceiling Fan Table Fan Price $52 $15 Unit variable cost $12 $9 Direct fixed cost $25,200 $48,000 Common fixed selling and administrative expenses total $78,000.See screenshots
Crane Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows. Unit selling price $45.00 Unit variable costs $25.20 Total monthly fixed costs $124,000 Units sold 8,400 Prepare a CVP income statement for Crane Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.)