Which of the following would be included in the cost of a product manufactured according to variable costing? a.sales commissions b.direct materials c.interest expense d.office supply costs Another name for variable costing is: a.indirect costing b.process costing c.direct costing d.differential costing If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if a. 20,000 units are manufactured and the company uses the

Which of the following would be included in the cost of a product manufactured according to variable costing? a.sales commissions b.direct materials c.interest expense d.office supply costs Another name for variable costing is: a.indirect costing b.process costing c.direct costing d.differential costing If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if a. 20,000 units are manufactured and the company uses the

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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Question

Which of the following would be included in the cost of a product manufactured according to variable costing?

a.sales commissions

b.direct materials

c.interest expense

d.office supply costs

Another name for variable costing is:

a.indirect costing

b.process costing

c.direct costing

d.differential costing

If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if

a. 20,000 units are manufactured and the company uses the variable costing concept?

b. 25,000 units are manufactured and the company uses the variable costing concept?
c. 20,000 units are manufactured and the company uses the absorption costing concept?
d. 25,000 units are manufactured and the company used the absorption costing concept?

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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