What is the unit product cost for the month

Assignment Help Managerial Accounting
Reference no: EM132763553

Question - Bateman Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $117

Units in beginning inventory 0

Units produced 4,700

Units sold 4,400

Units in ending inventory 300

Variable costs per unit:

Direct materials $36

Direct labor $38

Variable manufacturing overhead $4

Variable selling and administrative $11

Fixed costs:

Fixed manufacturing overhead $89,300

Fixed selling and administrative $26,400

Required - What is the unit product cost for the month under variable costing?

a. $89 per unit

b. $97 per unit

c. $108 per unit

d. $78 per unit

Reference no: EM132763553

Questions Cloud

Project - acid rain : Project - Acid Rain - research of international standard and for other work in society where there are high demands on scientific insight and analytical
What the profitability index for abc company : What the Profitability Index (PI) is? ABC Company is considering the purchase of a new machine that would cost $500,000. The machine would have a useful life
What the amount that she can expect to receive : What the amount that she can expect to receive on the maturity date will be? Thandi took out an endowment policy that matures in 30 years
What amount should donald corp capitalize as the cost : Find What amount should Donald Corp. capitalize as the cost of the new boiler? On January 2, 2019, Donald Corp. replaced its boiler with a more efficient one.
What is the unit product cost for the month : Fixed costs: Fixed manufacturing overhead $89,300 and Fixed selling and administrative $26,400. What is the unit product cost for month under variable costing
How much more would earn in three years : How much more would earn in three years if invested $ 10,000 at a compound annual interest rate of 5.57% instead of a simple interest rate of 5.75%?
Do believe in market efficiency : Needless to say, it has generated lots of debates as well. Do you believe in market efficiency? What is your view of it? Explain in
What is the future value : What is the future value in 16 years of an ordinary annuity cash flow of $2,073 every quarter of a year at the end of the period
What is share price for andrew enterprises : Increase at 3% per year in perpetuity. Andrew Enterprise has $2 million in cash, $3.5 million in debt, and 2 million shares outstanding. What is its share price

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Advise on and report the financial performance

Advanced Corporate Reporting (FIN4033) - Discuss the professional and ethical duties of the CFO/accountant. Evaluate the financial reporting framework and advise on and report the financial performance of entities.

  Make a cash budget for september and october

Make a cash budget for September and October. Hannah Baker owns and operates Tinapay Inc. which sells a wide variety of cupcakes.

  Compute the selling price of the bonds

Compute the selling price of the bonds under the three different options and indicate what option would be the best, and support your answer.

  Prepare a contribution-format income statement

List and briefly describe the advantages and disadvantages inherent to the food truck business model as compared to traditional restaurants.

  Find the overhead cost assigned to each type of tent

Find the overhead cost assigned to each type of tent assuming direct labor hours are used to allocate overhead costs. Mannheim Corporation

  What are the use of computers in budgeting

What are the use of computers in budgeting? What is Continuous budgeting and how is it used? What are the two major types of budgeting?

  Find what is the present value of the gift

Give $4,000 per year at the end of each of the next four years to help you pay for college. Using a discount rate of 4%,what is the present value of the gift.

  Calculate the predetermined overhead rate to be used

Calculate the predetermined overhead rate to be used in each department. The company uses a job-order costing system and computes a predetermined

  What is the absorption costing net operating income

What's the absorption costing net operating income from last year? Mitchel Corporation manufactures a single product. Last year, variable costing net operating

  What june direct labor flexible budget variance is

What June's direct labor flexible budget variance is? In 2019, you estimated the following standard costs for one of your products, the 10-gallon cowboy hat.

  Calculate budget cash inflows from collection of receivables

Calculate budgeted cash inflows from collection of receivables for each month from February through April. Calculate budgeted accounts receivable at the end

  Determine how much should each division be charged

Determine How much should each division be charged for computer technology department services? Do not round interim calculations.

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