The absorption costing unit product cost is: a. $147.5 b. $163.5 c. $41.5 d. $99.5
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- 3Which of the following types of cost is shown in this table of cost data? Cost per Unit $6,000 3,000 2,000 1,500 b. fixed cost Number of Units C. variable cost d. period cost 1 A WN 2 3 4Which 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%Assume 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. $13.175Barlow 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…
- Need help with weighted aver. cont. margin and if you can list the formula as well.The Benoit Company produces three products A, B and C. The per unit data is as follows: Product A B C $80 $56 $70 24 15 09 24 27 40 48 42 49 Selling Price……………………………… Less: Variable Expenses Direct Materials………………………….. Other variable expenses………………… Total variable expenses…………………. Contribution Margin per Unit…………… $32 $14 $21 Contribution margin Ratio………………. 40% 25% 30% Demand for the company’s products is very strong, with far more orders each month than the company has raw materials available to produce. The same material is being used in each product. The material costs $3 per pound with a maximum of 5000 pounds available each month. The demand of product A, B and C is 800,700 and 600 respectively. Required: Compute the contribution margin per pound of direct material, which orders would you advise the company to accept first for those of product, A, B or C which combination of…Curiumber Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range or output as follows. Output in Units 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 Rent Cost 11.000 $5,290 5,290 8,464 8,464 8,464 8,464. 8,464 8.464 10.580 10,000 10,580 10.580 Direct Materials $4,200 7,200 7,200 9,600. 12,000 14,400 16.800 19,200 30.999 37,030 46.552
- What is the unit contribution margin on these accounting question?Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,000 Units in ending work in process 7,000 Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 4 80 40 % 100 % $73,000 $61,100 $101,100Base from the data, determine the correct cost classifications: Cost ltem Cost at 100 units Cost at 140 units P P8,000 P10,560 L P5,000 P5,000 A P6,500 P9,100 Y P6,700 P8,580 Cost P Cost L Cost A Cost YA. variable fixed mixed variableB. variable fixed variable variableC. mixed fixed mixed mixedD. mixed fixed variable mixed
