SELLING PRICE R116 UNITS IN OPENING INVENTORY 600 UNITS MANUFACTURED 2550 UNIT SOLD 3050 UNITS IN CLOSING INVENTORY 100 VARIABLE COSTS PER UNIT: DIRECT MINERALS R12 DIRECT LABOUR R50 VARIABLE MANUFACTURING OVERHEAD R6,50 VARIABLE SELLING AND ADMINISTRATIVE R10,00 FIXED COST: FIXED MANUFACTURING OVERHEAD R81 000 FIXED SELLING AND ADMINISTRATIVE R19 000 Calculate the unit product cost for the month under Absorption Costing
SELLING PRICE R116 UNITS IN OPENING INVENTORY 600 UNITS MANUFACTURED 2550 UNIT SOLD 3050 UNITS IN CLOSING INVENTORY 100 VARIABLE COSTS PER UNIT: DIRECT MINERALS R12 DIRECT LABOUR R50 VARIABLE MANUFACTURING OVERHEAD R6,50 VARIABLE SELLING AND ADMINISTRATIVE R10,00 FIXED COST: FIXED MANUFACTURING OVERHEAD R81 000 FIXED SELLING AND ADMINISTRATIVE R19 000 Calculate the unit product cost for the month under Absorption Costing
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
SELLING PRICE | R116 |
UNITS IN OPENING INVENTORY | 600 |
UNITS MANUFACTURED | 2550 |
UNIT SOLD | 3050 |
UNITS IN CLOSING INVENTORY | 100 |
VARIABLE COSTS PER UNIT: | |
DIRECT MINERALS | R12 |
DIRECT LABOUR | R50 |
VARIABLE MANUFACTURING |
R6,50 |
VARIABLE SELLING AND ADMINISTRATIVE | R10,00 |
FIXED COST: | |
FIXED MANUFACTURING OVERHEAD | R81 000 |
FIXED SELLING AND ADMINISTRATIVE | R19 000 |
Calculate the unit product cost for the month under Absorption Costing
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