Romtech Company sold 51,000 units of its product at a price of $348 per unit. The total variable cost per unit is $191, consisting of $176 in variable production cost and $15 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
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Romtech Company sold 51,000 units of its product at a price of $348 per unit. The total variable cost per unit is $191, consisting of $176 in variable production cost and $15 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
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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?Cool Pool has these costs associated with production of 20,000 units of accessory products: direct materials, $70; direct labor, $110; variable manufacturing overhead, $45; total fixed manufacturing overhead, $800,000. What is the cost per unit under both the variable and absorption methods?Rex Industries has two products. They manufactured 12,539 units of product A and 8.254 units of product B. The data are: What is the activity rate for each cost pool?
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- D'Souza Company sold 6,500 units of its product at a price of $87.00 per unit. Total variable cost is $51.40 per unit, consisting of $40.70 in variable production cost and $10.70 in variable selling and administrative cost. Compute the contribution margin for this company. Less D'SOUZA COMPANY Contribution Margin Units $ per unit TotalMagpie Corporation uses the total cost concept of product pricing. Below is the cost information for the production and sale of 59,700 units of its sole product. Magpie desires a profit equal to a 22% rate of return on invested assets of $588,000. Fixed factory overhead cost $38,100 Fixed selling and administrative costs 7,500 Variable direct materials cost per unit 4.32 Variable direct labor cost per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The cost per unit for the production and sale of the company's product isDog
