Required information Exercise 2-54 and 2-55 (Algo) (LO 2-6) [The following information applies to the questions displayed below.] Acacia Manufacturing has compiled the following information from the accounting system for the one product it sells: Sales price Fixed costs (for the month) Marketing and administrative Manufacturing overhead Variable costs (per unit) Marketing and administrative Direct materials Manufacturing overhead Direct labor Units produced and sold (for the month) Required: a. Determine the variable manufacturing cost per unit. b. Determine the variable cost per unit. Exercise 2-54 (Algo) Components of Full Costs (LO 2-6) c. Determine the full absorption cost per unit. Note: Round your answer to 2 decimal places. d. Determine the full cost per unit. Note: Round your answer to 2 decimal places. a. Variable manufacturing cost per unit b. Variable cost per unit c. Full absorption cost per unit d. Full cost per unit $ $ $ $ 79.00 99.00 79.49 80.68 $ 135 per unit $ 24,900 $ 10,200 $ 20 $31 $ 21 $ 27 21,000

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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Required information
Exercise 2-54 and 2-55 (Algo) (LO 2-6)
[The following information applies to the questions displayed below.]
Acacia Manufacturing has compiled the following information from the accounting system for the one product it sells:
Sales price
Fixed costs (for the month)
Marketing and administrative
Manufacturing overhead
Variable costs (per unit)
Marketing and administrative
Direct materials
Manufacturing overhead
Direct labor
Units produced and sold (for the month)
Required:
a. Determine the variable manufacturing cost per unit.
b. Determine the variable cost per unit.
Exercise 2-54 (Algo) Components of Full Costs (LO 2-6)
c. Determine the full absorption cost per unit.
Note: Round your answer to 2 decimal places.
d. Determine the full cost per unit.
Note: Round your answer to 2 decimal places.
a. Variable manufacturing cost per unit
b. Variable cost per unit
c. Full absorption cost per unit
d. Full cost per unit
$
$
$
$
79.00
99.00
79.49
80.68
$ 135 per unit
$ 24,900
$ 10,200
$ 20
$31
$ 21
$ 27
21,000
Transcribed Image Text:Required information Exercise 2-54 and 2-55 (Algo) (LO 2-6) [The following information applies to the questions displayed below.] Acacia Manufacturing has compiled the following information from the accounting system for the one product it sells: Sales price Fixed costs (for the month) Marketing and administrative Manufacturing overhead Variable costs (per unit) Marketing and administrative Direct materials Manufacturing overhead Direct labor Units produced and sold (for the month) Required: a. Determine the variable manufacturing cost per unit. b. Determine the variable cost per unit. Exercise 2-54 (Algo) Components of Full Costs (LO 2-6) c. Determine the full absorption cost per unit. Note: Round your answer to 2 decimal places. d. Determine the full cost per unit. Note: Round your answer to 2 decimal places. a. Variable manufacturing cost per unit b. Variable cost per unit c. Full absorption cost per unit d. Full cost per unit $ $ $ $ 79.00 99.00 79.49 80.68 $ 135 per unit $ 24,900 $ 10,200 $ 20 $31 $ 21 $ 27 21,000
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