Reference no: EM132804435

Nurikamal Technology Inc. manufactures heavy duty flash lights. January and February operations were identical in every way except for the planned production.

January had a production denominator of 88844 units.
February had a production denominator of 65847 units.
Fixed manufacturing costs totaled 211812.

• Sales for January month totaled 88844 units with variable manufacturing costs of 7 per unit. Sales for February month totaled 65847 units. Selling and administrative costs were 2 per unit variable and 53259 of fixed. The selling price was 10 per unit.

Under ABSORPTION Costing Approach

Problem 1: Compute inventoriable cost per unit for January

Problem 2: Compute cost per unit for February

Problem 3: Compute COGS for January

Problem 4: Compute COGS for February

Problem 5: Compute Gross Margin for January