Compute the unit product cost under absorption costing

Assignment Help Accounting Basics
Reference no: EM132217089

Question - Przygocki Inc., which produces a single product, has provided the following data for its most recent month of operation:

Number of units produced - 3,000

Variable costs per unit:

Direct materials - $59

Direct labor - $38

Variable manufacturing overhead - $6

Variable selling and administrative expenses - $3

Fixed costs:

Fixed manufacturing overhead - $39,000

Fixed selling and administrative expense - $180,000

The company had no beginning or ending inventories.

Required: Compute the unit product cost under absorption costing. Show your work!

Reference no: EM132217089

Questions Cloud

Effectiveness of unstructured interviews : Theoretical problems are some of the bottlenecks that hamper the effectiveness of unstructured interviews. How can researchers overcome
Identify the weaknesses in internal control : identify the weaknesses in Internal Control. Peyton Electronics, Inc (PEI) is a small wholesale discount supplier of electronic instruments and parts.
Interpretivists to use qualitative research methods : Why is it ideal for Interpretivists to use qualitative research methods? Please highlight and explain at least TWO reasons.
Define how your company use enterprise resource planning : As an IT manager, discuss how your company will use Enterprise Resource Planning (ERP) to integrate the various functions of an entity.
Compute the unit product cost under absorption costing : The company had no beginning or ending inventories. Compute the unit product cost under absorption costing. Show your work
Has the companys roe changed over the last three years : Has the company's ROE changed over the last three years? What was the main factor that influenced this change?
Formal reporting relationships may no longer be vertical : Formal reporting relationships may no longer be vertical and internal; they often are horizontal and they exist between the organization and its environment.
Goals addressing race inequality : What should be the goals addressing race inequality to put an end to its injustice?
Simulates a simple money manager : Demonstration of the completed assignment along with this document. Your application should match this user interface and function in the same way

Reviews

Write a Review

Accounting Basics Questions & Answers

  Question-federal tax payable-jeb corporation limited

Jeb Corporation Limited (JEB), a Canadian incorporated company, operates a retail chain of computer supplies stores in Canada and abroad.

  Formulate the problem as a linear program with optimal

premier consulting has two consultants avery and baker who can be scheduled to work for clients up to a maximum of 160

  Why is the activity-based costing unacceptable

1.why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system? 2. why is the activity-based costing unacceptable for external financial reports?

  What is net operating income for the month under variable

A manufacturing company that produces a single 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?

  Prepare the production budget for Batter Up

Each softball bat requires 0.25 of an hour of direct labor at the rate of $15.00. Prepare the 2011 production budget for the 1st quarter for Batter Up

  Eric sherm began working as a part time waiter on april

Eric Sherm began working as a part time waiter on April 1, 2013, at Yardville Restaurant.

  Describe the four types of evidence in the evidence square

List and describe the four types of evidence in the evidence square. Discuss three reasons why you do or do not feel Sarbanes-Oxley is sufficient to deter fraud

  Determine gross profit and gross profit margin

The income statement does not disclose any detail on the operating expenses that were subtracted in determining operating profit, but refers readers to several.

  Compute the present value of the minimum lease payments

(Lessee Entries; Capital Lease) On January 1, 2008, Burke Corporation signed a 5-year noncancelable lease for a machine.

  Discuss what should be the balance in accounts receivable

What should be the balance in accounts receivable at December 31, 2017, before subtracting the allowance for doubtful accounts

  Indicate any amounts that rantzow lear company

Indicate any amounts that Rantzow-Lear Company would report in its 2011 balance sheet and income statement as a result of this investment.

  Identify how these risks might be mitigated

Identify how these risks might be mitigated.

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