What is the full absorption cost per unit

Assignment Help Accounting Basics
Reference no: EM132044940

Question - Larcker Manufacturing's cost accountant has provided you with the following information for January operations:

Direct materials $105 per unit

Fixed manufacturing overhead costs $675,000

Sales price $395 per unit

Variable manufacturing overhead $60 per unit

Direct labor $120 per unit

Fixed marketing and administrative costs $585,000

Units produced and sold 30,000

Variable marketing and administrative costs $24 per unit

What is the full absorption cost per unit?

Reference no: EM132044940

Questions Cloud

What is the process of requesting fmla leave : What are some examples of how FMLA provides employees with job protection during their FMLA leave?
What is a user defined function named : What is a user defined function named save_plot() to save to a .png file on disk using Jupyter?
Situations would likely produce no solution for irr : Capital Budgeting. Which of the following situations would likely produce no solution for IRR?
How does a person know whether a document : 1. How does a person know whether a document has been infringed?
What is the full absorption cost per unit : Larcker Manufacturing's cost accountant has provided you with the following information for January operations: What is the full absorption cost per unit
Meet search and seizure requirements to ensure : What are the main concerns for securing the mobile device and steps you would follow to meet search and seizure requirements to ensure
Considering purchasing turnkey spa management system : Marriott is considering purchasing a turnkey spa management system that integrates Customer Relationship Management
Proposal on a theme relevant to the strategic management : Dissertation - EUB030L004A - Prepare a research proposal on a theme relevant to the strategic management focus of the programme.
What is a security risk assessment : What is a Security Risk Assessment? What elements does it entail? Does it include or exclude Penetration Testing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the fasb and its constituents

Evaluate if the implicit contract (economic liability) view of pensions meets the definition of an accounting liability. What contradiction exist in SFAS.

  Was the gross profit increase caused by an increase in sales

From last year to this year, Berry Barn reported that its Net Sales increased from $ 300,000 to $ 400,000 and its Gross Profit increased from $ 90,000 to $ 130,000. Was the Gross Profit increase caused by (a) an increase in sales volume only, (b) an ..

  Ensuring sound operations and transaction processing

You read about various internal controls that should be in place for ensuring sound operations and transaction processing. Internal control is a favorite topic of auditing students, since a lot of the internal controls you learned about can be app..

  Determine the due date of the note

Sunshine Service Center received a 120-day, 6% note for $40,000,dated April 12 from a customer on account. Determine the due date of the note

  Determine the manufacturing costs incurred

Using the information below for Talking Toys, Inc., determine the manufacturing costs incurred during the year

  Determine total of each production cost incurred for april

Winfrey Co.'s March 31 inventory of raw materials is $190,000. Determine the total of each production cost incurred for April

  Prepare the required journal entries for blossom

Blossom Co. uses the net method to account for cash discounts. Prepare the required journal entries for Blossom Co

  Evaluate any damaging financial and ethical repercussions

Evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements.

  The annual interest rate on the mortgage payable 90900 was

the annual interest rate on the mortgage payable 90900 was 9.25. interest expense for one-half month should be computed

  How much interest must rafael include in income

Rafael, who is single paid educational expenses of $10,000 in the current year for his daughter Stephanie. How much interest must Rafael include in income?

  Whicher corporation had three products in its ending

1. whicher corporation had three products in its ending inventory at december 31 2010. whicher corporation considers a

  Discuss what accounting justification allows king to expense

Independent CPA agree that no accounting principle has been violated. What accounting justification allows King to expense the furniture

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