At a production and sales level of 2,750 units, Bastion Company Incurred $78,000 on fixed cost and $64,000 of variable cost. When 4,800 units of product are produced and sold the company's cost per unit is:(Round your final answer to whole dollars.)
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
At a production and sales level of 2,750 units, Bastion Company Incurred $78,000 on fixed cost and $64,000 of variable cost. When 4,800 units of product are produced and sold the company's cost per unit is:(Round your final answer to whole dollars.)
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At a production and sales level of 2,750 units, Bastion Company Incurred $64,000 on fixed cost and $44,000 of variable cost. When 4,800 units of product are produced and sold the company's cost per unit is:(Round your final answer to whole dollars.)