Business, 13.02.2020 19:38 forschoolok123456789
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or inventories and its relevant range of production is 20,000 units to 30,000 units. When Hixson produces and sell 25,000 units, its unit costs are as follows:
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $8.00 $5.00 $1.00 $6.00 $ 3.50 $2.50 $4.00 $1.00
Required:
1. For financial accounting purposes, what is the total amount of product costs incurred to make 25,000 units? W the total amount of period costs incurred to sell 25,000 units?
2. If 24,000 units are produced, what is the variable manufacturing cost per unit produced? What is the average manufacturing cost per unit produced? (Round your answers to 2 decimal places.)
3. If 26,000 units are produced, what is the variable manufacturing cost per unit produced? What is the average manufacturing cost per unit produced? (Round your answers to 2 decimal places.)
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Business, 22.06.2019 19:00, whitbol
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
Business, 22.06.2019 20:30, joaquin42
Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e. g.
Answers: 3
Business, 23.06.2019 00:00, ldelgado97
Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500
Answers: 3
You know the right answer?
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginni...
Questions in other subjects:
French, 10.10.2019 01:00
Health, 10.10.2019 01:00
Mathematics, 10.10.2019 01:00
Chemistry, 10.10.2019 01:00
Mathematics, 10.10.2019 01:00
English, 10.10.2019 01:00
Health, 10.10.2019 01:00
