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##### # 1 chart unit product cost under absorption c...

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# 1 chart unit product cost under absorption costing.....$46 per unit Fixed manufactoring overhead cost for the year....$300,000 Fixed selling and adminstration cost for the year...$125,00 Units (grills) produced and sold...25,000 CHART FOR # 2-5 Sellimg price....$132 Units in begining invetory...600 Units produced...1,300 units sold...1,500 units in ending inventory...400 Variable cost per unit: direct materials...$45 direct labor.....$27 Variable manfactoring overhead...$1 Variable selling and administrative...$5 Fixed Cost: fixed manfactoring overhead....$41,600 fixed selling and adminstrative....$28,500 CHART FOR # 6-9 SELLING PRICE.....$110 UNITS IN BEGINING INVENTORY....0 UNITS PRODUCED....4,800 UNITS SOLD....4,700 UNITS IN ENDING INVETORY...100 VARIABLE COST PER UNIT: DIRECT MATERIALS....$30 DIRECT LABOR.....$52 VARIABLE MANFACTORING OVERHEAD....$3 VARUABLE SELLING AND ADMINSTRATIVE...$7 FIXED COSTS: FIXED MANFACTORING OVERHEAD....$72,000 FIXED SELLING AND ADMINISTRATIVE$9,400,1. (Points: 10) Charrd Corporation manufactures a gas operated barbecue grill. The following information relates to Charrd's operations for last year: What is Charrd's variable costing unit product cost? a. $29 b. $34 c. $58 d. $63 Save Answer 2. (Points: 10) Jarmon Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the unit product cost for the month under variable costing? a. $78 b. $105 c. $73 d. $110 Save Answer 3. (Points: 10) Jarmon Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the unit product cost for the month under absorption costing? a. $78 b. $73 c. $105 d. $110 Save Answer 4. (Points: 10) Jarmon Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under variable costing? a. $4,500 b. $10,900 c. $25,500 d. $12,800 Save Answer 5. (Points: 10) Jarmon Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under absorption costing? a. $4,500 b. $12,800 c. $25,500 d. $10,900 Save Answer 6. (Points: 10) Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations: What is the unit product cost for the month under variable costing? a. $92 b. $107 c. $100 d. $85 Save Answer 7. (Points: 10) Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations: The total contribution margin for the month under the variable costing approach is: a. $47,000 b. $117,500 c. $12,600 d. $84,600 Save Answer 8. (Points: 10) Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations: What is the total period cost for the month under the variable costing approach? a. $42,300 b. $81,400 c. $114,300 d. $72,000 Save Answer 9. (Points: 10) Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations: What is the net operating income for the month under variable costing? a. $4,700 b. $(5,300) c. $1,500 d. $3,200 Save Answer 10. (Points: 10) What is the cause of the difference between absorption costing net operating income and variable costing net operating income? a. Absorption costing deducts all manufacturing costs from net operating income; variable costing deducts only prime costs. b. Absorption costing allocates fixed manufacturing costs between cost of goods sold and inventories; variable costing considers all fixed manufacturing costs to be period costs. c. Absorption costing includes variable manufacturing costs in product costs; variable costing considers variable manufacturing costs to be period costs. d. Absorption costing includes fixed administrative costs in product costs; variable costing considers fixed administrative costs to be period costs. Save Answer I SENT YOU THE CHARTS LET ME KNOW IF THIS HELPS PLEASE,Thank You,Is everything ok?,I don't mean to rush but my assignment is due now. if I don't turn it in I will get a zero,O MY .. am so sorry I didnt realize that I submitted the deadline for Oct, 22... Thanks for your're help. I will get a zero because am late, It's my fault I should have paid more attention to the calendar. Thanks again

Paper#6197 | Written in 18-Jul-2015

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