Greenwood Enterprises manufactures a single product and sells it at $40 per unit. • Variable Costs: 。 Production = $10 Selling and Administrative = $6 • Fixed Costs: о Production = $100,000 Selling and Administrative = $80,000 If 25,000 units are produced and 20,000 units are sold, what is the absorption cost per unit? a. $14 per unit b. $16 per unit c. $12 per unit d. $10 per unit

Greenwood Enterprises manufactures a single product and sells it at $40 per unit. • Variable Costs: 。 Production = $10 Selling and Administrative = $6 • Fixed Costs: о Production = $100,000 Selling and Administrative = $80,000 If 25,000 units are produced and 20,000 units are sold, what is the absorption cost per unit? a. $14 per unit b. $16 per unit c. $12 per unit d. $10 per unit

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 11MC: Total costs for ABC Distributing are $250,000 when the activity level is 10,000 units. If variable...

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Craylon Manufacturing Company produces two products, X and Y. The following information is presented for both products: X Y Selling price per unit $40 $25 Variable cost per unit 25 15 Total fixed costs are $275,000.Required:a. Calculate the contribution margin for each product.b. Calculate breakeven point in units of both X and Y if the sales mix is 3 units of X for every unit of Y.c. Calculate breakeven volume in total dollars if the sales mix is 2 units of X for every 3 units of Y.