subject
Business, 15.10.2019 23:10 mechelllcross

Maffei company, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 175units in beginning inventory 0units produced 9,500units sold 8,000units in ending inventory 1,500variable costs per unit: direct materials $ 55direct labor $ 38variable manufacturing overhead $ 2variable selling and admin $ 10fixed costs: fixed manufacturing overhead $ 300,000fixed selling and admin $ 125,000required: a. what is the unit product cost for the month under variable costing? b. what is the unit product cost for the month under absorption costing? c. prepare an income statement for the month using the variable costing method. d. prepare an income statement for the month using the absorption costing method.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 13:30, 2sally2
Marine corps leaders use coaching to scrutinize their subordinates to identify proficiency and conduct marking ranges.
Answers: 1
image
Business, 21.06.2019 20:50, Unkn0wn3815
Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.
Answers: 3
image
Business, 21.06.2019 21:00, nwalker916
12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 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. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)
Answers: 3
image
Business, 21.06.2019 22:40, gobertbrianna40
Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?
Answers: 3
You know the right answer?
Maffei company, which has only one product, has provided the following data concerning its most rece...

Questions in other subjects:

Konu
Computers and Technology, 17.12.2019 20:31
Konu
Mathematics, 17.12.2019 20:31