Absorption costing concept? If variable manufacturing costs are $22 per unit and total fixed manufacturing costsare $320,500, what is the manufacturing cost per unit if 7,200 units aremanufactured and the company uses the absorption costing concept?

Step 1:Absorption Costing includes both variable and fixed manufacturing costs so Manufacturing Cost…

Answered: If variable manufacturing costs are $22…

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...

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Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?
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If variable manufacturing costs are $22 per unit and total fixed manufacturing costs are $320,500, what is the manufacturing cost per unit if 7,200 units are manufactured and the company uses the absorption costing concept?