What is the variable cost per unit processd? Sunflower Oil Processors incurred thefollowing plant maintenance costs:. 65,000units processedmaintenance costs of $92,000. 48,000 units processedmaintenance costs of $75,000What is the variable costprocessed?withwithvariable cost per unit

Explanation of Variable Cost:Variable cost refers to expenses that change in direct proportion to…

Answered: Sunflower Oil Processors incurred the…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
What is the variable cost per unit processed
Sunflower Oil Processors incurred the following plant maintenance costs: 65,000 units processed with maintenance costs of $92,000 48,000 units processed with maintenance costs of $75,000 What is the variable cost per unit processed?
What are the fixed overhead costs of making the component
San Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent: Direct materials $8,400 Direct labor 11,250 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell San Clemente the subcomponent for $2.85 a unit. If San Clemente accepts the offer, by how much will net income increase (decrease)?
The following costs related to Lillian Company: Variable Costs per unit: Direct materials $2.50 Direct labor $0.75 Overhead $1.25 Selling & Administrative $1.50 Fixed Costs: Overhead $10,000 Selling & Administrative $5,000 Each unit sells for $15.00. At a sales volume of 15,000 units, what is Lillian Company’s total cost?
What are the fixed overhead costs of making the component?
What is variable overhead?
At 50,000 units of production, the Grayson Company expects costs to be as follows: Direct materials $140,000 $100,000 $50,000 $40,000 Direct labour Depreciation of factory Depreciation of production equipment Production supervisor's salary Supplies Indirect labour Electricity Assume all cost items are either strictly fixed or strictly variable. The total cost of direct materials at 40,000 units of production would be: Select one: a. $116,000 b. $168,000 $ 24,000 $5,000 $ 30,000 $ 15,000 c. $112,000 d. $140,000
Cool Pool has these costs associated with production of 24,000 units of accessory products: direct materials, $65; direct labor, $105; variable manufacturing overhead, $55; total fixed manufacturing overhead, $1,080,000. What is the cost per unit under both the variable and absorption methods? Variable Absorption Method Method Cost per unit $
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Adams Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs $5,900 6,200 3,500 *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Adams for $2.60 each. Required X Answer is complete but not entirely correct. $ 19,300 Yes $ 24,180 X No 11,100 26,900 a. Calculate the total relevant cost. Should Adams continue to make the containers? b. Adams could lease the space it currently uses in the manufacturing process. If leasing would produce $11,800 per month, calculate the total avoidable costs. Should Adams continue to make the containers? a. Total relevant cost a. Should Adams continue to make the containers? b. Total avoidable cost b. Should Adams continue to make the containers?

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Sunflower Oil Processors incurred the following plant maintenance costs: . 65,000 units processed maintenance costs of $92,000 . 48,000 units processed maintenance costs of $75,000 What is the variable cost processed? with with variable cost per unit