Inc. has provided the following data concerning their operations in the most recent month with respect to their only product: Beginning inventory: 9,000 Units Produced: 42,000 Units Sold: 41,300 Variable Costs per unit: Direct materials: $164 Direct Labor: $111 Manufacturing Overhead: $41 Selling and Administrative: $63 Fixed Costs: Manufacturing overhead: $1,343,160 Selling and administrative: $1,981,161 The selling price is $533. What is the variable costing unit product cost?
Inc. has provided the following data concerning their operations in the most recent month with respect to their only product: Beginning inventory: 9,000 Units Produced: 42,000 Units Sold: 41,300 Variable Costs per unit: Direct materials: $164 Direct Labor: $111 Manufacturing Overhead: $41 Selling and Administrative: $63 Fixed Costs: Manufacturing overhead: $1,343,160 Selling and administrative: $1,981,161 The selling price is $533. What is the variable costing unit product cost?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 13E: Wyandotte Company provided the following information for the last calendar year: During the year,...
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OCO, Inc. has provided the following data concerning their operations in the most recent month with respect to their only product:
- Beginning inventory: 9,000
- Units Produced: 42,000
- Units Sold: 41,300
Variable Costs per unit:
- Direct materials: $164
- Direct Labor: $111
- Manufacturing
Overhead : $41 - Selling and Administrative: $63
Fixed Costs:
- Manufacturing overhead: $1,343,160
- Selling and administrative: $1,981,161
The selling price is $533. What is the variable costing unit product cost?
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