1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kakasveta [241]
1 year ago
15

a manufacturer reports the following costs to produce 11,000 units in its first year of operations: direct materials, $11 per un

it, direct labor, $7 per unit, variable overhead, $55,000, and fixed overhead, $143,000. the total product cost per unit under absorption costing is:
Business
1 answer:
DENIUS [597]1 year ago
5 0

The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

                                         $

Direct material                  28

Direct labor                       24

Variable overhead            10

Fixed cost                          13

Cost per unit                     75

Cost of Inventory

Number of units   = 1000

Cost per unit    = $75

Value = 1000 * $75 = $75,000

Learn more about absorption costing here:brainly.com/question/26276034

#SPJ4

You might be interested in
What do chapter competitions entail?
s2008m [1.1K]

Answer:

Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.

8 0
3 years ago
Read 2 more answers
The predetermined overhead rate for manufacturing overhead for 2020 is $4.00 per direct labor hour. Employees are expected to ea
timofeeve [1]

Answer:

$60,000

Explanation:

The computation of the estimated manufacturing overhead is shown below:

Estimated manufacturing overhead = Direct labor hours × predetermined overhead rate

where,

Direct labor hours = Total Direct labor cost ÷ Cost per hour

                              = ($100,000 × 75%) ÷ ($5)

                              = 15,000 direct labor hours

Now the estimated manufacturing overhead equal to

= 15,000 direct labor hours × $4

= $60,000

3 0
3 years ago
Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the
Anton [14]

Solution :

a).

Estimated overhead                                1,250,000

Divide by the estimated machine hours    50,000        

Predetermined overhead rate                      25

Actual machine hours                                  54,300

Multiply by predetermined overhead rate        25

The factory overhead amount applied        $ 1,357,500

b).

Actual factory overhead                              1,348,800

Less : factory overhead amount applied     1,357,500

The underapplied amount is                       $ 8700

4 0
2 years ago
A ratio of 2:2:1 means:
Klio2033 [76]
There are six parts pdlf 2:21
6 0
3 years ago
he Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, the fund's NAV was $39.71. In
photoshop1234 [79]

Answer: 14.84%

Explanation:

To calculate the rate of return the investors received we will do a simple return formula to find out by how much, in terms of the Opening NAV, the fund has increased.

To find out how much the fund has increased by we can add up all the figures then deduct the opening balance.

= 39.71 + 0.64 + 1.13 - 36.12

= $5.36

$5.36 is the how much the fund has increased by.

Expressing it in percentage of the opening NAV per share we have,

= 5.36/36.12

= 0.14839424141

= 14.84%

14.84% is the rate of return that an investor received on the Yachtsman Fund in 2016.

7 0
3 years ago
Other questions:
  • What is the difference between marginal values and average​ values? A. Marginal values show the total benefit or cost from consu
    9·1 answer
  • Stacy has been working hard for the past week to complete the proposal her team is submitting to top management. The team’s proj
    11·1 answer
  • Which of the following is another term for a planned economy?
    12·1 answer
  • Windsor, Inc. took a physical inventory on December 31 and determined that goods costing $222,500 were on hand. Not included in
    11·1 answer
  • All of the following statements related to recording warranty expense are true except: Multiple Choice Recording estimated warra
    8·1 answer
  • The difference between a financial planner and a financial expert is that the expert is a professional who charges a fee.
    8·1 answer
  • Which of the following depicts the proper sequence of steps in the accounting cycle?
    14·1 answer
  • Your org's corporate currency:_______.
    9·1 answer
  • DJH Enterprises has 3 departments. Operating results for 2019 are as follows:
    7·1 answer
  • The price of a good rises from $4.00 to $4.50, and as a result, total revenue falls from
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!