I think that the answer is A but i have no clue i’m so sorry :(
Answer: $9,965
Explanation:
FOB Shipping point is a shipping condition that means that the buyer takes over the ownership and control of the inventory as soon as the seller ships it. Everything afterwards is therefore the responsibility of the buyer.
As the following costs come after shipping, they will be included in the acquisition cost;
= Acquisition cost + shipping insurance + transportation-in by train + used panel restoration
= 9,000 + 135 + 280 + 550
= $9,965
<em>Sales staff salaries, online advertising and lawn care are not related to the inventory. </em>
Answer:
$102
Explanation:
Given that,
Direct materials per unit = $60
Direct labor per unit = $22
Variable overhead per unit = $8
Fixed overhead for the year = $528,000
Units produced = 44,000
Fixed overhead = Fixed overhead for the year ÷ Number of units produced
= $528,000 ÷ 44,000
= $12 per unit
Total product cost per unit under absorption costing:
= Direct material per unit + Direct labor per unit + Variable overhead + Fixed overhead
= $60 + $22 + $8 + $12
= $102
Answer:
See
Explanation:
Sales volume = 1,000 units
Selling price = $70,000/1,000 = $70
Variable cost = $12,000/1000 = $12
900 units
Contribution margin income statement
Sales (900 × $72)
$64,800
Less:
Variable expenses (900 × $12)
($10,800)
Contribution margin
$54,000
Less:
Fixed expenses
($23,310)
Net Operating income
$30,690
