What is the per-unit manufacturing cost

Assignment Help Managerial Accounting
Reference no: EM132978457

Question - Beauty Supply Company manufactures shampoo. The supervisor has provided the following information and stated that standard costing is used for?manufacturing, marketing, and administrative costs.

January:

Beginning Inventory: 0

Production: 2,500

Sales: 2,250

February:

Beginning Inventory: - - -

Production: 3,000

Sales: 3,025

Other? information:

Selling price: ?$20.00

Standard variable manufacturing? cost/unit: $8.00

Standard variable? market/admin. cost/unit: $4.00

Standard fixed manufacturing overhead? cost/month: ?$40,000

Standard fixed? market/admin. cost/month: $20,000

Budgeted denominator level per month? (output units): 4,000

There were no beginning or ending inventories of materials or work-in-process.

What is the per-unit manufacturing cost using absorption? costing?

Reference no: EM132978457

Questions Cloud

Compute the growth rate and the price earnings : Compute the growth rate and the price Earnings before the strategies proposed above were implemented by the board and the president
Description of two ethical principles laws : Description of two ethical principles Laws, or regulations applicable to human subjects violated by the Tuskegee Syphilis Experiment researchers.
Describe the characteristics of performance-driven team : Describe the characteristics of performance-driven team. Explain why it is important in understanding the types of motivation when it comes to team performance.
Design and implement a new membership record system : Apply knowledge of data modelling and management concepts to design, develop and critically evaluate an information system within a chosen field of interest
What is the per-unit manufacturing cost : There were no beginning or ending inventories of materials or work-in-process. What is the per-unit manufacturing cost using absorption? costing
Explain why nurses have a responsibility to uphold standard : Explain why nurses have a responsibility to uphold a standard of conduct consistent with the standards governing the profession of nursing at work
What is the ending balance in finished goods inventory : There are no beginning inventories. What is the ending balance in Finished Goods Inventory using variable costing if 420 units are? sold
Identify specific types of fungi : Identify specific types of Fungi that have been used in products we use everyday as well as antibiotics. Include the characteristics
What relationship do goals and objectives have in program : What relationship do goals and objectives have in the program planning process? Define SMART criteria as it relates to writing program objectives.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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