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liraira [26]
3 years ago
5

Lily's Pastries produces cupcakes, which sell for $5.10 each. During the current month, Lily produced 3200 cupcakes, but only so

ld 2700 cupcakes. The variable cost per cupcake was $3.40 and the sales commission per cupcake was $0.50. Total fixed manufacturing costs were $1700 and total fixed marketing and administrative costs were $900. What is the product cost per cupcake under absorption costing?
Business
2 answers:
shtirl [24]3 years ago
7 0

Answer:

Unitary cost= $3.92

Explanation:

Giving the following information:

Lily produced 3200 cupcakes.

The variable cost per cupcake was $3.40.

Total fixed manufacturing costs were $1700

<u>Under the absorption costing method, the unitary product cost is calculated using the variable cost and the fixed manufacturing costs.</u>

Unitary cost= unitary variable cost + unitary fixed overhead

Unitary cost= 3.4 + 1,700/3,200= $3.92

Dovator [93]3 years ago
6 0

Answer: $3.93

Explanation:

Given the following

Variable cost per unit = $3.40

Fixed manufacturing cost = $1700

Total Units produced=3200

Uaing absorption costing which incorporates the cost of fixed manufacturing cost of goods in the unit price of goods.

Absorption costing per unit = Variable cost per unit + fixed cost per unit

Variable cost per unit = $3.40

Fixed cost per unit = (Total manufacturing cost ÷ Total unit produced)

Fixed cost per unit = $1700 ÷ 3200 = $0.53

Absorption costing per unit = $3.40 + $0.53 = $3.93

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Answer:

The correct answer is letter "A": Interaction among people can spark new ideas.

Explanation:

Group decision-making is the activity in which members of a get together to collectively decide the course of the plan they will take to reach the group's objective. This practice allows individuals of a group to feel their voice is being heard and are more likely to accept the final decision to be taken since they will feel part of their ideas are included there. It is thanks to the interaction among those individuals that the ideas helping to the concluding decision are sparked.

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