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What is the per unit variable cost? $18.00 $12.00 $11.00 $22.00

What is the per unit variable cost? $18.00 $12.00 $11.00 $22.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the per unit variable cost? $18.00 $12.00 $11.00 $22.00 $14.00
Transcribed Image Text:What is the per unit variable cost? $18.00 $12.00 $11.00 $22.00 $14.00
Beauty Supply Company manufactures shampoo. The supervisor has provided the following information and stated that standard costing is used for manufacturing. marketing, and administrative costs. Beginning inventory Production Sales Other information: Selling price Standard variable manufacturing cost/unit Standard variable market/admin. cost/unit January February Standard fixed manufacturing overhead cost/month January February O 2,500 2,250 3,000 3,025 $20.00 $8.00 $4.00 $40,000 Standard fixed market/admin. cost/month Budgeted denominator level per month (output units) 4.000 There were no beginning or ending inventories of materials or work-in-process. $20,000
Transcribed Image Text:Beauty Supply Company manufactures shampoo. The supervisor has provided the following information and stated that standard costing is used for manufacturing. marketing, and administrative costs. Beginning inventory Production Sales Other information: Selling price Standard variable manufacturing cost/unit Standard variable market/admin. cost/unit January February Standard fixed manufacturing overhead cost/month January February O 2,500 2,250 3,000 3,025 $20.00 $8.00 $4.00 $40,000 Standard fixed market/admin. cost/month Budgeted denominator level per month (output units) 4.000 There were no beginning or ending inventories of materials or work-in-process. $20,000
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