Find the contribution margin per unit was

Assignment Help Cost Accounting
Reference no: EM132746640

O Company produces a single product. Last year, C manufactured 17,000 units and sold 13,000 units. Production costs for the year were as follows:

Direct Materials Php153,000
Direct Labor 110,000
Variable manufacturing overhead 204,000
Fixed manufacturing overhead 255,000

Problem 1: Sales were Php780,000 for the year, variable selling and administrative expenses were Php88,400, and fixed selling and administrative expenses were Php170,000. There was no beginning inventory. Assume the direct labor is a variable cost. The contribution margin per unit was?

Reference no: EM132746640

Questions Cloud

What mr and mrs cruz properties at the time of death are : Mr Cruz died in an accident on August 20, 2020. Sa kamalasan nga naman, What Mr and Mrs Cruz properties at the time of their death are
Find what is the vat due on the transaction : What is the VAT due on the transaction? Miss Vicky Belo, a known dermatologist conducted an internal abs enhancement procedure to a well-known
Compute how much is the total manufacturing cost : The Ram Manufacturing Company produced P100, 000 units, How much is the Total manufacturing cost? How much is the total prime cost?
Find what would unit cost of the good unit produced on job : B Company manufactures chairs to the exacting specifications, What would be the unit cost of the good units produced on Job 123?
Find the contribution margin per unit was : Sales were Php780,000 for the year, variable selling and administrative expenses were Php88,400, The contribution margin per unit was?
Determine the dollar amount of the total depreciation : Baltimore Manufacturing Company just completed its year ended December 31, 2019. Depreciation for the year amounted to $280,000: 20% relates to sales.
How do determine unit product cost under variable costing : Variable manufacturing overhead 24. The Company produces 24,000 units each month. Determine the unit product cost under variable costing
How do compute for the standard factory overhead rate : In the given period, the company incurred a total overhead cost of P2,400,000. Compute for the standard factory overhead rate.
What is the bond interest expense on the income statement : On January 2, 2020, $208,635 in 11 year, 7% bonds with a market interest rate of 9%, and interest payable semiannually, were issued for $185,160. On June 30.

Reviews

Write a Review

Cost Accounting Questions & Answers

  What are the fixed costs per unit associated with product x

Singer Company manufactures, What are the fixed costs per unit associated with Product X, knowing that the company produces 1,000 units?

  Explain the difference between the single-rate and dual-rate

Explain the difference between the single-rate and dual-rate methods of support-department allocation and give an example of when each method might be

  Who are the potential stakeholders involved in the situation

Who are the potential stakeholders involved in this situation? What alternatives does Tony have in this situation? What might the company do to prevent this situation from occurring?

  What amount should be reported by ruse inc

What amount should be reported by Ruse Inc. as cash provided by operating activities in the statement of cash flows

  Costing method that treats all fixed costs as period cost

the amount of sales revenue necessary to cover variable expenses.

  Even when objectives are clearly stated the reasons they

even when objectives are clearly stated the reasons they have not been met may not be easy to discern.the city on the

  Evaluate the markup required to make the desired return

Use the absorption costing approach to evaluate the markup required to make the desired return on investment based on the subsequent information.

  Compute the required sales in dollars to break even

Wesland Corp. had total variable costs of $175,000, total fixed costs of $120,000, and total revenues of $250,000. Compute the required sales in dollars to break even.

  What are three private costs that a cigarette manufacturers

What are three private costs that a cigarette manufacturers are obliged to pay in running or having smooth operations in a firm?

  Should gruden accept the special order

Determine whether Jobs should accept this offer and Determine whether Jobs should accept this offer - Should Gruden accept the special order

  Pension cost computation

The actual return on pension plan assets for the year was $900,000. The ABO was $9,500,000 at the beginning of the year. Compute Fredco's net periodic pension expense for the year.

  What amount must be included in taxpayers gross income

What Internal Revenue Code Sections answer these questions and would Joans filing status change if Marley attended school full-time rather than part-time? If so, how?

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