What the absorption costing unit product cost

Assignment Help Managerial Accounting
Reference no: EM132924304

Question - Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations:

Number of units produced 8,800

Variable costs per unit:

Direct materials $57

Direct labor $41

Variable manufacturing overhead $6

Variable selling and administrative expense $10

Fixed costs:

Fixed manufacturing overhead $299,200

Fixed selling and administrative expense $651,200

There were no beginning or ending inventories. What the absorption costing unit product cost?

Reference no: EM132924304

Questions Cloud

What inventory method which results in highest gross profit : A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. What inventory method which results in highest gross profit
Why is there a need for developing strategic alternatives : Why is there a need for developing strategic alternatives and why strategic alternatives are important for a successful organization?
What situations contribute to hypochondriasis : What situations contribute to hypochondriasis and what interventions can nurses provide that will address this problem in older adults?
Describe the shift from individual to the community setting : Describe an example from your practice or your own healthcare experiences in which there has been a shift from the medical model of disease
What the absorption costing unit product cost : Fixed selling and administrative expense $651,200. There were no beginning or ending inventories. What the absorption costing unit product cost
Describe the difference between a review and an audit : Describe the difference between a review and an audit? Do you believe the auditors should have been held liable? Why or why not
Prepare the lease-related entries C should make : M uses the straight-line depreciation method (no residual value). M only prepares AJEs every December 31. Prepare the lease-related entries C should make
What is Avery WACC : The cost of common from reinvested earnings is 11.25%, and the tax rate is 25%. The firm will not be issuing any new common stock. What is Avery's WACC
What is the intrinsic value of Sure stock today : The expected return on the market portfolio is 12%. The beta of Sure Tool Company's stock is 1.25. What is the intrinsic value of Sure's stock today

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the effective annual yield

If the bond currently sells for $911.37, what is its yield to maturity? What is the effective annual yield? A First Order bond carries an 8 percent coupon

  Find beginning work in process inventory january

Find Beginning work in process inventory January 1 was 80% of ending work-in - process inventory December 31.find out variable cost per units and total fixed

  Planning-discretionary cost control

Planning is far more important than day to day control of discretionary costs. Do you agree or disagree? Discuss how planning and day-to-day control of discretionary costs may impact business decisions differently.

  Calculate the full absorption costs

Calculate the full absorption costs for one lot of each of the representative products as computed by the proposed cost system.

  Determine how would the cost of direct materials

Determine how would the cost of direct materials, direct labor and overhead be tracked to specific jobs? How important is the job costing system in establishing

  Determine the net income reported by Curwen Inc

Gain on sale of investments 13,200. Determine the net income reported by Curwen Inc. for the year ended December 31

  Calculate financial leverage measures

Calculate financial leverage measures. The following information was available for the year ended December 31, 2013:Earnings before interest and

  Calculate the overhead cost per unit for each of outstanding

Calculate the overhead cost per unit for each of Outstanding Computer's computer using overhead rates based on machine hours and setup hours.

  Find should robbins co make or buy the part

To purchase the part will cost $3 a unit. If the part is purchased, fixed costs will be reduced by 20%. Should Robbins Co. make or buy this part?

  Prepare a cash budget for each of the months of july

Prepare a cash budget for each of the months of July, August, and September. (Round amounts to the dollar.)

  Show the disposal of under or overapplied overhead

Show the disposal of under/overapplied overhead. (If no entry is required for a transaction/event, select "No journal entry required" in the first account)

  Determine the carrying value of the note at december

Determine the Carrying Value of this note at December 31, 2021, immediately after the 2nd cash payment has been received by Pitchfork.

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