Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $30,000 and $45,000 respectively. The company also incurred manufacturing overhead of $60,000 of which 50% is fixed. Furthermore, the company incurred total selling and administrative costs of $100,000 of which 45% is fixed. How much is the total variable cost per unit? O a. None of the given answers O b. 1,050 O C. 1,600 d. 2,350 e. 1,350

Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $30,000 and $45,000 respectively. The company also incurred manufacturing overhead of $60,000 of which 50% is fixed. Furthermore, the company incurred total selling and administrative costs of $100,000 of which 45% is fixed. How much is the total variable cost per unit? O a. None of the given answers O b. 1,050 O C. 1,600 d. 2,350 e. 1,350

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

28 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 320 SELLERS XXX 103 CHECKS GIVEN XXX Which transaction does the journal entry belong to?A) The check has been returnedB) Check ReceivedC) Check turnoverD) Sellers have been given checksE) Check has been paid
[nineteenth item] true or false
n 13 h/w 6 ts https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... eBook Print erences Revenue: Net sales Dividend income Interest income Gain on sales of marketable securities Total revenue and gains Costs and expenses: Cost of goods sold Operating expenses Interest expense Income tax expense Total costs and expenses Net income Question 6 - Ch 13 h/w - Connect TREECE, INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2021 The following income statement and selected balance sheet account data are available for Treece, Inc., at December 31, 2021. Selected account balances: Saved ✪ Help Save & Exit Submit Check my work
Hw 2
33 34
Pttcell ull a O D%37 O16:02 O PENDİNG (? Wednesday, Feb 03, 2021 BUSİNESS • ACCOUNTİNG which of the following application would an auditor apply to determine the probability of a corporation's account balance being in error? A) overinvolvement rations B) probability rules C) bayes theorem D) emprical formula
May 2024 บ M Tu W Th F 8 29 30 1 2 3 5 6 7 8 9 10 12 13 15 14 16 17 19 20 21 22 23 24 26 27 28 29 30 31 Su June 2024 M Tu W Th F Seth 6-3 1-2 2.3 Brendyn 9-6 34 mod 194 v lifiv T T F 7479 139 ..... Saturday, May 11 Friday, May 24 Saturday, May 25 Sunday, May 26 Monday, May 27
i 1:50 O O *UN 40 80% 5 The company dseouteda P10.000, 0 ay, 6 ne on November 15, 2019, Orgnal entry Adisting ertry PHACTICAL EXERCISE testruction: Lung the ecerse mettod tis tare, p te ongral entry ot the tregoing ransations and the neonsary adjuing ery at the end of the acrting pered. Der. 31,201a Protiem Tha trai talance ot the Mabils Fapar Shop appean below at the and f in calondar penad MABLIS REPAR SHOP Trial Balance Decenter 31, 2019 Cash an tand Accounta Recevable Estnand Uncotectbie Accourta 10.000 25.000 P. 1.000 30.000 750 Ns Receivatie Shop Equohert Actumuuted Depreciafen-Shep Egipmert Furte and Fature Acrumuuted Deorsaton-Fuinture ard Fatue Accourts Poyable tows Payable Lenes Capits Leynes, Driwing Service ncome Salares Expanse Rant Expense Suopies Erper Tann and Liman Ligt and Water Expenua 2000 .000 5.000 11.000 12.000 44.750 1.000 30 D00 8000 4000 1.500 1000 105.500 105.S00 A4ssoral ielomation 1. Urpad taxes P600 2 Acorued satarien P1000 1 Acortued interst on netes…
Q 34
26 27 28 A Moving to the next question prevents changes to this Question 2 What is the definition of liability on the Balance Sheet? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Arial BIUS Paragraph In 99 Ω
Question 23 23. (CLO1, PLO5, ZULO1) The journal entry to close the revenues will require a Debit to revenues and credit to retained earnings Credit to revenues and debit to retained earnings O Credit to revenues and debit to expenses Debit to revenues and credit to share capital
27 28