Solution-What is inventoriable cost per unit using

What is inventoriable cost per unit using absorption costing

Reference no: EM132715670

Kory's Auto produces and sells an auto part for $60.00 per unit. In 2011, 100,000 parts were produced and 75,000 units were sold. Other information for the year includes:

Direct materials $24.00 per unit
Direct manufacturing labor $ 4.50 per unit
Variable manufacturing costs $ 1.50 per unit
Sales commissions $ 6.00 per part
Fixed manufacturing costs $750,000 per year
Administrative expenses, all fixed $270,000 per year

Problem 1: What is the inventoriable cost per unit using absorption costing?

Reference no: EM132715670

Questions Cloud

What will operating income for rambo company : Rambo Company is thinking of dropping Product C because it is reporting a loss. Assuming Rambo drops Product C and does NOT replace it, operating income will

What should john do : What should John do? What are his savings in the first year? John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6,000

Which of the ethical decision-making models do you use most : Which of the ethical decision-making models, discussed in the introduction of Media Ethics, do you use most? Why? The response must be typed.

Find the average ps ratio for three firms : World Wide Web Wares? (4W, for? short) is an online retailer of small kitchen appliances and utensils. The firm has been around for a few years and has created

What is inventoriable cost per unit using absorption costing : What is the inventoriable cost per unit using absorption costing? Administrative expenses, all fixed $270,000 per year. Sales commissions $ 6.00 per part

What is an economic rent : What is an economic rent? What is it based on?

Explain what role ethics plays in communications : Explain what role ethics plays in communications. Summarize three or more of the ethical decision-making models presented in the introduction of Media Ethics.

What is the degree of operating leverage for the company : The company had only achieved half of the sales target. What is the degree of operating leverage for the company at the target profit level?

Prepare in proper form a variance analysis report : Prepare, in proper form, a variance analysis report identifying both flexible budget and sales-volume variances. Label all component variances

User Account

All Pages

What is inventoriable cost per unit using absorption costing

Reference no: EM132715670

Reference no: EM132715670

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT