What is the variable costing unit product cost for the month

Assignment Help Managerial Accounting
Reference no: EM132926150

Question - A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Units in beginning inventory 0

Units produced 4,700

Units sold 4,600

Units in ending inventory 100

Variable costs per unit:

Direct materials $55

Direct labor $57

Variable manufacturing overhead $20

Variable selling and administrative expense $18

Fixed costs:

Fixed manufacturing overhead $98,700

Fixed selling and administrative expense $46,000

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

Reference no: EM132926150

Questions Cloud

Write a program with a function that converts a string : Write a program with a function that converts a string of digits into an integer value. Do not use the strtol() function or any other standard C library functio
Determine the correct amount of inventory : Coronado Company determined that it had inventory worth $319600 at December 31, 2020. Determine the correct amount of inventory
What are the degrees of freedom for the variance : 1. An organizational psychologist measures levels of job satisfaction in a sample of 30 participants. To measure the variance of job satisfaction
Explain how much redaction is necessary to anonymize : Explain how much redaction is necessary to anonymize an electronic health record. Is it enough to redact the name? The name and address?
What is the variable costing unit product cost for the month : Fixed costs: Fixed manufacturing overhead $98,700 and Fixed selling and administrative expense $46,000. What is the variable costing unit product cost
What are major privacy concerns in employing intelligent : Some say that analytics in general dehumanize managerial activities, and others say they do not. Discuss arguments for both points of view.
Paper on Time And Cost Estimation For R&D Projects : Paper on Time And Cost Estimation For R&D Projects - Analyze and discuss the finding as well as recommend future opportunities for improvement.
Compute inventory turnover for each company : The cost of goods sold computations for Carla Vista Company and Kingbird Company are shown below. Compute inventory turnover for each company
How is project risk analyzed : How is project risk analyzed and why does it need to be managed? Use examples from personal experience, the readings, or your own research to justify answer.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is firm marginal cost of capital at a total investment

The firm is currently making projections for next period. What is the firm's marginal cost of capital at a total investment level of PHP157 million?

  What causes the account to increase and decrease

For the accounts indicate what causes the account to increase and decrease. first is done account is increased by is decreased by raw materials inventory

  Determine the optimal production mix of the three products

Based on limited machine mixing minutes available per month, determine the optimal production mix of the three products that will maximise operating profits.

  How bill bananas will try to

Business, but needs to improve its distribution first. After bench marking with a large national comparison firm, Carl's Candies, Bill's Bananas will try to

  Compute the machine simple rate of return

The cost of the machine will be depreciated evenly over the next 5 years, with no salvage value. Compute the machine's simple rate of return.

  Determine the repair and insurance for timberlake company

Determine the repair, insurance, and property tax expense that would be incurred by Timberlake Company on the equipment would total $7,950 over the five years.

  What pharoah degree of operating leverage is

Pharoah Company has sales of $498000, variable costs of $202000, and fixed costs of $259000. Pharoah's degree of operating leverage is

  Prepare a budgeted income statement

Prepare a budgeted income statement for each of the above three alternative plans and identify the plan that has the most beneficial effect on Flexs

  Compute cash flows from financing activities for total

The company paid dividends of $20,000 and issued bonds payable for proceeds of $860,000. Cash flows from financing activities for 2017 total

  Compute the equivalent units of material

Compute the equivalent units of material and of conversion that were required to complete the beginning inventory

  Prepare journal entries to record the August events

Incurred and paid miscellaneous selling and administrative expenses, $13,400. Prepare journal entries to record the August events

  Should the company choose the lease or the royalty plan

Emerald, Inc, Under the royalty plan determine the sales in kilograms that would be required to produce net operating income of $90,000.

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