Calculate cost per unit under full costing

Assignment Help Accounting Basics
Reference no: EM132024036

Question - Mendel Manufacturing produces composite window frames for airline manufacturing companies. At the start of the year, the company had no beginning inventory. During the year, the company manufactured 5,090 units and sold 3,760. Direct material costs were $468,280, direct labor was $381,750, variable manufacturing overhead was $1,038,360, and fixed manufacturing overhead was $972,190.

Calculate cost per unit under full costing and under variable costing.

Reference no: EM132024036

Questions Cloud

Compute the contribution margin per pair : A jeans maker is designing a new line of jeans called the Slims. Compute the contribution margin per pair? Compute the contribution margin ratio
Suppression system pump during the afternoon : Once a year in January, the facility tests their large fire suppression system pump during the afternoon, by running them at full load for 4 hours.
How many quarterly contributions does ollie need to make : Ollie has 10,500 dollars in his retirement account. He plans to make quarterly contributions of 13,000 dollars to his account.
Fixed costs and resource investments throughout organization : How can a person amortize their fixed costs and resource investments throughout the organization?
Calculate cost per unit under full costing : At the start of the year, the company had no beginning inventory. Calculate cost per unit under full costing and under variable costing
Calculate the number of inventory days outstanding for ovhs : Ohio Valley Homecare Suppliers, Incorporated (OVHS) had $ 17 million in sales in 2015. Its cost of goods sold was $ 6.8 million, and its average inventory.
Define the term good for the purpose of a persuasive essay? : Define the term good for the purpose of a persuasive essay?
Activity on total variable cost and variable cost per unit : What is an example of an impact of an increase of the level of activity on total variable cost and variable cost per unit of activity.
What is the office development npv : What is the office development's NPV if construction costs increase to $355,000? Assume the opportunity cost of capital is 12 percent.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the concept of liquidity

Discuss the concept of liquidity. Why is it an important measure for a business to monitor? Provide an example of a financial ratio

  Discuss what is the amount of gain or loss on redemption

If the issuing corporation redeems the bonds at $990,000, what is the amount of gain or loss on redemption

  How much should be recorded in the land improvements account

How much should be recorded in the Land Improvements account on Celadon Inc.'s balance sheet

  A recent accounting graduate evaluated the operating

a recent accounting graduate evaluated the operating performance of fane companys three divisions. the following

  Record the journal entries for the issuance of the bonds

Record the journal entries for the first interest payment due on October 1, 2016. Assume that interest has not been accrued at each month end

  What financial information ratios or otherwise would you

assume there is a well-financed one-year-old company in the biotech industry that is concentrating on developing

  Scenario a - jesse aaron began his management consulting

scenario a - jesse aaron began his management consulting business on january 1 2010. he organized the business as a c

  Overhead rate-packaging-assembly departments

Tanner Bay Inc. has two departments, Assembly and Packaging. The company uses a job-order costing system and computes a predetermined overhead rate in each department. What is the predetermined overhead rate to be used in each department? Show comp..

  Planning memo for the financial statement audit

Write the documentation for the engagement partner that includes (1) a planning memo for the financial statement audit as requested by the partner

  Bridgette is known as the doll lady she started collecting

bridgette is known as the doll lady. she started collecting dolls as a child always received one or more dolls as gifts

  Calculate the price elasticity for demand

A firm has estimated the following demand function for its product: Calculate quantity demanded. Calculate the price elasticity for demand. Is demand elastic, inelastic, or unit elastic

  Prepare a presentation for a group of recruits

"Assume you are a senior partner in an accounting firm and must prepare a presentation for a group of recruits who aspire to become auditors with your firm.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd