Problem Solving Problem 7P 200 per unitSales priceFixed costs:Marketing and administrativeManufacturing overheadVariable costs:Marketing and administrativeManufacturing overheadDirect laborDirect materialsUnits produced and sold24,000 per period30,000 per period6 per unitunitper30 per unitunit60 per1,200 per periodRequired: Compute for the following1. Variable manufacturing cost per unit2. Variable cost per unit3. Full manufacturing cost per unit4. Full cost to make and Sell per unit

Variable cost means the cost which varies with the change in the volume of the production whereas…

Problem 7 P 200 per unit Sales price Fixed costs: Marketing and administrative Manufacturing overhead Variable costs: 24,000 per period 30,000 per period Marketing and administrative Manufacturing overhead Direct labor Direct materials Units produced and sold 6 per unit 9 per unit 30 per unit 60 per unit 1,200 per period Required: Compute for the followintg 1. Variable manufacturing cost per unit 2. Variable cost per unit 3. Full manufacturing cost per unit 4. Full cost to make and Sell per unit

Problem 7 P 200 per unit Sales price Fixed costs: Marketing and administrative Manufacturing overhead Variable costs: 24,000 per period 30,000 per period Marketing and administrative Manufacturing overhead Direct labor Direct materials Units produced and sold 6 per unit 9 per unit 30 per unit 60 per unit 1,200 per period Required: Compute for the followintg 1. Variable manufacturing cost per unit 2. Variable cost per unit 3. Full manufacturing cost per unit 4. Full cost to make and Sell per unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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