If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900, what is the manufacturing cost per unit if: a. 3,900 units are manufactured and the company uses the variable costing concept? $fill in the blank 1 b. 5,100 units are manufactured and the company uses the variable costing concept? $fill in the blank 2 c. 3,900 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3 d. 5,100 units are manufactured and the company uses the absorption costing concept? $fill in the blank 4

If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900, what is the manufacturing cost per unit if: a. 3,900 units are manufactured and the company uses the variable costing concept? $fill in the blank 1 b. 5,100 units are manufactured and the company uses the variable costing concept? $fill in the blank 2 c. 3,900 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3 d. 5,100 units are manufactured and the company uses the absorption costing concept? $fill in the blank 4

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EB: Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following...

See similar textbooks

Related questions

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: Variable Cost - Variable Cost is the cost that varies according to the change in Output. Fixed Cost…

Q: get answer for both q

A: Question 1 : Answer Step 1: Introduction to Product Costs:The overall costs for a firm may be…

Q: The Shine Company, which manufactures projection equipment, is ready to introduce a new line of…

A: Markup % on total variable cost is calculated by dividing markup amount by total variable cost. The…

Q: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

Q: Solve this one

A: a) Determine the Variable Cost per Unit and the Total Fixed CostIdentify the highest and lowest…

Q: High-low method Evander Inc. has decided to use the high-low method to estimate the total cost and…

A: Variable costs are costs that vary with the change in the level of output whereas fixed costs are…

Q: Max Machining incurs the following utilities costs at different levels of production: 0 units: 500…

A: To properly classify utility costs based on the provided information, we can analyze how the costs…

Q: What is the unit volume increase ? What is the x contribution margin per unit ? what is the Increase…

A: Contribution Margin:Contribution margin defined as selling price minus variable cost, is a measure…

Q: You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your…

Q: If variable manufacturing costs are $10 per unit and total fixed manufacturing costs are $196,100,…

A: Manufacturing cost per unit (Absorption costing) = Variable manufacturing costs + Total fixed…

Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900, what is the manufacturing cost per unit if:

a. 3,900 units are manufactured and the company uses the variable costing concept?
$fill in the blank 1

b. 5,100 units are manufactured and the company uses the variable costing concept?
$fill in the blank 2

c. 3,900 units are manufactured and the company uses the absorption costing concept?
$fill in the blank 3

d. 5,100 units are manufactured and the company uses the absorption costing concept?
$fill in the blank 4

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

If variable manufacturing costs are $18 per unit and total fixed manufacturing costs are $318,500, what is the manufacturing cost per unit if: a. 4,900 units are manufactured and the company uses the variable costing concept?$ b. 6,500 units are manufactured and the company uses the variable costing concept?$ c. 4,900 units are manufactured and the company uses the absorption costing concept?$ d. 6,500 units are manufactured and the company uses the absorption costing concept?$
If variable manufacturing costs are $9 per unit and total fixed manufacturing costs are $274,500, what is the manufacturing cost per unit if: a. 4,500 units are manufactured and the company uses the variable costing concept? b. 6,100 units are manufactured and the company uses the varlable costing concept? c. 4,500 units are manufactured and the company uses the absorption costing concept? d. 6,100 units are manufactured and the company uses the absorption costing concept? ఉంత త కి Submit Test %24
If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $245,100, what is the manufacturing cost per unit if a. 4,300 units are manufactured and the company uses the variable costing concept?
Please show work.
The absorption costing concept?
If variable manufacturing
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: $ 74,000 $ 37,500 Direct materials Direct labor $ 17,000 29,500 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $ 46,500 $ 13,000 20,000 $ 33,000 $ 4,500 26,000 $ 30,500
HELP
Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs?
Need ANSWER please provide Solutions
5.) If 8,000 units are sold, what is the total fixed manufacturing overhead costs to support this production level? 6.) If 8,000 units are sold, what is the average fixed manufacturing overhead cost per unit sold? 7.) If 12,000 units are sold, what is the variable cost per unit sold? 8.) If 12,500 units are sold, what is the total variable cost per unit sold?
1) Determine the variable cost per unit and the fixed cost using the high-low method. 2) What is the equation of the total mixed cost function? 3) Based on the High-Low method, what is the total production costs if 6,500 units are produced?4) Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scale of 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the yaxis.5) Using the line of best-fit, determine the company’s fixed cost per month and the variable cost per unit. (Use 0 & 5,000 units.) Answer all please and thanks.