If the company uses absorption costing ,variable costing and super-variable costing   What is the product cost per unit for 2020?   . What is the 2020 net operating income?   Please answer all the three methods

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. If the company uses absorption costing ,variable costing and super-variable costing

 

What is the product cost per unit for 2020?

 

. What is the 2020 net operating income?

 

Please answer all the three methods 

 

 

 

 

 

 

A company manufactures and sells a single product. The following details relate to 2020 and 2021:
Direct labor
$12 per unit
Fixed manufacturing overhead
$320,000
Variable manufacturing overhead
$2 per unit
Direct materials
$28 per unit
Fixed selling and administrative expenses
$90,000
Variable selling and administrative
S1 per unit
Sales price
$75 per unit
Units Produced
Units Sold
2020
50,000
40,000
2021
40,000
50,000
Transcribed Image Text:A company manufactures and sells a single product. The following details relate to 2020 and 2021: Direct labor $12 per unit Fixed manufacturing overhead $320,000 Variable manufacturing overhead $2 per unit Direct materials $28 per unit Fixed selling and administrative expenses $90,000 Variable selling and administrative S1 per unit Sales price $75 per unit Units Produced Units Sold 2020 50,000 40,000 2021 40,000 50,000
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