What was the cost per unit last year

Assignment Help Accounting Basics
Reference no: EM132814678

Question - A corporation produces and sells smart phones. The following information relates to operations for the last year:

Variable cost per unit $5.20

Total fixed manufacturing overhead cost $260,000

Total fixed selling and administrative cost $180,000

Units produced and sold 400,000

Using absorption costing, what was the cost per unit last year?

A. $6.30

B. $4.55

C. $5.85

D. $5.00

Reference no: EM132814678

Questions Cloud

Determine the total interest expense : The bonds are dated January 1, and mature in five years, on January 1. Determine the total interest expense related to these bonds
Process of the organisations professional practices : You have been asked to regularly participate in a review process of the organisations professional practices quality system
What are some of the ethical issues involved in the case : What are some of the ethical issues involved in this case? What are some of the nursing responsibilities which were overlooked and what recommendations would.
What is the skills approach : What are the strengths and weaknesses of this approach. What is an examples of when each theory would work best.
What was the cost per unit last year : A corporation produces and sells smart phones. Total fixed selling and administrative cost $180,000. Using absorption costing, what was cost per unit last year
Develop one program goal and two related outcomes : Select one of the community nursing diagnosis in chapter 16 and develop at least one program goal and two related outcomes. Discuss the rationale for your.
What is the behavioral approach : What are the strengths and weaknesses of this approach. What is an examples of when each theory would work best.
Prepare the journal entries for both firm to record interest : Prepare the journal entries for both firms to record interest at December 31, 2021. On January 1, 2021, Nantucket Ferry borrowed $14,100,000 cash
How another characteristic would change your response : A mother brings her 6-month-old daughter to the HCP for evaluation of possible colic. The mother says the baby has had many episodes of crying after eating and.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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