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Duo Company reports the following information for the current year, which is its first year of operations. Direct materials $11 per unit Direct labor $19 per unit Overhead costs for the year Variable overhead $90,00 per year Fixed overhead $180,000 per year Units produced this year 22,500 units Units sold this year 16,500 units Ending finished goods inventory in units 6,000 units
1.Compute the cost per unit of finished goods using absorption costing. Cost per unit $
2. Compute the cost per unit of finished goods using variable costing. Cost per unit $
3.Determine the cost of ending finished goods inventory using absorption costing. Cost of ending finished goods inventory $
4.Determine the cost of ending finished goods inventory using variable costing. Cost of ending finished goods inventory $
at the beginning of the current season the ledger of village tennis shop showed cash 2500 merchandise inventory 1700
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The following data relate to direct labor costs for the current period:
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