If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $616,000, what is the manufacturing cost per unit if: a. 7,000 units are manufactured and the company uses the variable costing concept? $fill in the blank 1 b. 8,800 units are manufactured and the company uses the variable costing concept? $fill in the blank 2 c. 7,000 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3 d. 8,800 units are manufactured and the company uses the absorption costing concept? $fill in the blank 4
If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $616,000, what is the manufacturing cost per unit if: a. 7,000 units are manufactured and the company uses the variable costing concept? $fill in the blank 1 b. 8,800 units are manufactured and the company uses the variable costing concept? $fill in the blank 2 c. 7,000 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3 d. 8,800 units are manufactured and the company uses the absorption costing concept? $fill in the blank 4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $616,000, what is the manufacturing cost per unit if:
a. 7,000 units are manufactured and the company uses the variable costing concept?
$fill in the blank 1
b. 8,800 units are manufactured and the company uses the variable costing concept?
$fill in the blank 2
c. 7,000 units are manufactured and the company uses the absorption costing concept?
$fill in the blank 3
d. 8,800 units are manufactured and the company uses the absorption costing concept?
$fill in the blank 4
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