Solution-What will the 401st unit sold contribute to profit

What will the 401st unit sold contribute to profit

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Reference no: EM13341562

Question 1

At a break-even point of 400 units sold, variable expenses were $4,000, and fixed expenses were $2,000. What will the 401st unit sold contribute to profit?

Question 2

Harris Company produces a single product. Last year, Harris manufactured 17,000 units and sold 13,000 units. Production costs for the year were as follows:

Production Cost Data
Direct materials	$153,000
Direct labor	$110,500
Variable manufacturing overhead	$204,000
Fixed manufacturing overhead	$255,000

Sales were $780,000 for the year, variable selling and administrative expenses were $88,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost.

Under absorption costing, the carrying value on the balance sheet of the ending inventory for the year would be

Reference no: EM13341562

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What will the 401st unit sold contribute to profit : At a break-even point of 400 units sold, variable expenses were $4,000, and fixed expenses were $2,000. What will the 401st unit sold contribute to profit?

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What will the 401st unit sold contribute to profit

Reference no: EM13341562

Reference no: EM13341562

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