User Account

All Pages

How do determine unit product cost under variable costing

Assignment Help Cost Accounting
Reference no: EM132746791

C Company manufactures a single product and has the following cost structure:

Variable costing per unit

Direct Materials Php72
Direct labor 96
Variable manufacturing overhead 24
Variable selling and administrative 48

Fixed Costs per month

Fixed manufacturing overhead Php2,400,000
Fixed selling and administrative costs 1,400,000

Problem 1: The Company produces 24,000 units each month. Determine the unit product cost under variable costing

Reference no: EM132746791

Questions Cloud

Define the goals of access control monitoring system : Define the goals of an access control monitoring system. Describe the types of checks and balances that should be implemented into a network's
Find what the contribution margin per unit was : What the contribution margin per unit was? Sales were Php780,000 for the year, variable selling and administrative expenses were Php88,400.
What is the estimated margin for desks : The revenue and costs for desks are expected to be the same as last year. What is the estimated margin for desks in year 2
Quantitative research : Three major themes to explore in the surrounding Literature. A brief conclusion discussing how you would ensure Reliability and Validity.
How do determine unit product cost under variable costing : Variable selling and administrative 48. The Company produces 24,000 units each month. Determine the unit product cost under variable costing
Find and compute for the standard factory overhead rate : A Company has asked you to reconstruct their record after a fire. Favorable Spending variance, P400,000. Compute for the standard factory overhead rate
Spreadsheets as data storage and data analysis tools : How do we use spreadsheets as data storage and data analysis tools? How do you use spreadsheets to manage daily administrative tasks.
What are the capital structure weights : The common stock of? Moe's Restaurant is currently selling for ?$84 per? share, has a book value of ?$62 per? share, What are the capital structure weights
Virtual machines on single windows server : You want to build a test environment based on virtual machines on a single Windows Server 2016 machine,

Reviews

Write a Review

Cost Accounting Questions & Answers

  Problem on the capital structure

How do you judge a business's well-being from examining its capital structure and does it make a difference who you are

  Analyse principles and trends in performance

Performance Management and Control - Identify and critically analyse principles and trends in Performance Measurement and Control and Determine the different budgeting techniques and critically evaluate their use in short term decision making

  What was the materials cost of work in process at october

Khulafu Company adds materials in the beginning, Using the average cost method, what was the materials cost of work in process at October 31?

  Find a table indicating the most economical order quantity

Find a table indicating the most economical order quantity. A Company has estimates that 36,000 Ring Binders Will be needed next year.

  What is the relevant cost to produce one unit

Galaxy Industries currently manufactures 15,000. If Galaxy received a special order offer, what is the relevant cost to produce one unit for the special order?

  Will the manufacturing division manager be willing to accept

Will the Manufacturing Division manager be willing to accept this order? The monthly income statements, in thousands of dollars, for the two divisions follow.

  Discuss direct material efficiency variance

direct material price variance, direct labor price variance, direct material efficiency variance

  What value should land be recorded in easy repair service

On June 10, Easy Repair Service extended an offer of $95,000 for land that ha been priced for sale at $118, 500.

  Difference in operating income of variable and full costing

Write a brief memo to the firm to explain the difference in operating income between variable costing and full costing.

  Determine weather or not the matli company stock provided

Using the net present value method, determine weather or not the Matli Company stock provided a 14% return. Round all computation

  Imagine are a manager at a major bottling company

Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the probl..

  What is the direct materials cost per equivalent unit

What is the direct materials cost per equivalent unit during? June? Timekeeper Inc. manufactures clocks on a highly automated assembly line

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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