Presented below is information related to Blowfish radios for the Metlock Company for the month of July.DateJuly 1(a1)6710121518222530TransactionBalancePurchaseSaleSalePurchaseSalePurchaseSalePurchaseSaleTotalsUnits In2001,6008006001,0004,200Unit CostWeighted-average cost per unit $$4.204.304.604.704.68Total$8406,8803,6802,8204,680$18,900Units Sold6006004008004002,800Selling Price Total$6.807.107.207.207.30Calculate the weighted-average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)$4,0804,2602,8805,7602,920$19,900

The objective of the question is to calculate the weighted-average cost per unit for the Blowfish…

Answered: Presented below is information related…

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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uols-A moodle1.du.edu.om Flag question Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Total No.of Periods Cost Units January 500 45,750 February 510 46,305 March 520 46,860 April 545 48,248 May 565 49,358 June 580 50,190 July 51,855 610 Select one: a. Y=18000+55.5*X b. Y=21000+50*X c. Y=22500+48.3*X d. Y=19000+52.5*X Clear my choice
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Presented below is information related to Blowfish radios for the Waterway Company for the month of July. Date Transaction Units In Unit Cost Total Units Sold Selling Price Total July 1 Balance 190 $4.00 $ 760 6. Purchase 1,520 4.10 6,232 7 Sale 570 $6.90 $3,933 10 Sale 570 7.20 4,104 12 Purchase 760 4.40 3,344 15 Sale 380 7.30 2,774 18 Purchase 570 4.50 2,565 22 Sale 760 7.30 5,548 25 Purchase 950 4,48 4,256 30 Sale 380 7.40 2,812 Totals 3,990 $17,157 2,660 $19,171 (a1)
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1)Learned Corporation has provided the following information:Cost perUnitCost per PeriodDirect materials $ 5.00Direct labor $ 4.25Variable manufacturing overhead $ 1.85Fixed manufacturing overhead $ 35,000Sales commissions $ 0.70Variable administrative expense $ 0.60Fixed selling and administrative expense $ 9100Required:a. For financial reporting purposes, what is the total amount of product costsincurred to make 7000 units?b. For financial reporting purposes, what is the total amount of period costsincurred to sell 7000 units?c. If the selling price is $23.80 per unit, what is the contribution margin per unitsold? (Round your answer to 2 decimal places.)d. If 8000 units are produced, what is the total amount of direct manufacturingcost incurred?e. If 8000 units are produced, what is the total amount of indirect manufacturingcosts incurred?a. Total product (manufacturing) costb. Total period (manufacturing) costc. Contribution margin per unitd. Total direct manufacturing coste. Total…

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