The absorption costing unit product cost is: a. $147.5 b. $163.5 c. $41.5 d. $99.5
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- Which of the following types of cost is shown in the cost data below? Cost per Number of Unit Units $6,000 3,000 2,000 1,500 a. fixed cost b. mixed cost C. variable cost d. period cost 2. 3. 4.Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $300 $165 A. B. 2. $600 C. $150 D. 3. E. F. $440 40%What type of cost exhibits the behavior shown below? Manufacturing Volume (Units) Cost Per Unit 50,000 $1.95 70,000 1.95 Select one: a. Discretionary fixed cost b. Step-fixed cost. c. Semivariable cost.d. Variable cost. e. Fixed cost
- Which of the following is an example of a direct labor cost standard? A. 0.5 direct labor hours per unit B. $0.95 per square foot C. $40 per direct labor hour D. 50 square feet per unitAssume the following information:VolumeTotal Cost100 units$1,30090 units1,500106 units1,750What is the variable cost per unit? (Round answer to three decimal places.)a. $28.125b. $15.625c. $20.178d. $13.175Arntson, Incorporated, manufactures and sells two products: Product R3 and Product NO. The annual production and sales of Product of R3 is 800 units and of Product NO is 500 units. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Product R3 Product NO Total direct labor-hours Activity Cost Pools Labor-related Production orders. Order size Direct Labor- Expected Hours Per Production 800 500 The direct labor rate is $20.80 per DLH. The direct materials cost per unit is $276.00 for Product R3 and $280.00 for Product NO. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Overhead Cost Activity Measures DLHS orders MHS Unit 4.0 2.0 Total Direct Labor- Hours 3,200 1,000 4, 200 $ 40,836 64, 650 433, 275 $ 538,761 Expected Activity Product R3 Product No 1,000 3,200 900 500 2,500 3,100…
- Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow:ProductA B CSelling price ..................................................... $180 $270 $240Variable expenses:Direct materials ............................................ 24 72 32Other variable expenses .............................. 102 90 148Total variable expenses ................................... 126 162 180Contribution margin .......................................... $ 54 $108 $ 60Contribution margin ratio .................................. 30% 40% 25%The same raw material is used in all three products. Barlow Company has only 5,000 pounds ofraw material on hand and will not be able to obtain any more of it for several weeks due to a strike in itssupplier’s plant. Management is trying to decide which product(s) to concentrate on next week in filling itsbacklog of orders. The material costs $8 per pound.Required:1. Compute the…What is the amount of the income from operations that would be reported on the variable costing income statement? a. $519,870 Ob. $426,040 Oc. $511,330 Od. $396,930Need help with weighted aver. cont. margin and if you can list the formula as well.
