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Zanzabum
3 years ago
15

Columbia Products produced and sold 1,200 units of the company’s only product in March. You have collected the following informa

tion from the accounting records:
Sales price (per unit) $125
Manufacturing costs:
Fixed overhead (for the month) 18,200
Direct labor (per unit) 10
Direct materials (per unit) 34
Variable overhead (per unit) 26
Marketing and administrative costs:
Fixed costs (for the month) 19,500
Variable costs (per unit) 5


Compute the following:
(1) Variable manufacturing cost per unit.
(2) Full cost per unit.
Business
1 answer:
Leya [2.2K]3 years ago
8 0

Answer:

1. $70

2. $106.42

Explanation:

(1) Variable manufacturing cost per unit:

= Direct labor + Direct material + Variable overhead

= $10 + $34 + $26

= $70

(2) Full cost per unit:

= Direct labor + Direct material + Variable overhead + Variable selling cost + (Fixed ÷ 1,200)

= $10 + $34 + $26 + $5 + [(19,500 + 18,200) ÷ 1,200)]

= $75 + $31.42

= $106.42

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On December 1, Milka Inc. borrows $500,000 from the bank. Interest of 6% is due in six months. On December 31, Milka recognizes
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5 0
2 years ago
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For example, if I like an antique at a yard sale and I purchase it at $5, and then by chance someone that knows about antiques tells me that it is really expensive, a made a lot of money and the previous owner doesn't have the right to cancel the sale.  

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3 years ago
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Answer:

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If Daniel had focused more on getting the message that was being passed by Kirk Douglas, he would have enjoyed the show more.

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3 years ago
Asset cost $35,000Prepaid Insurance $5,000Maintenance costs $3,000Accumulated Depreciation $10,000Book Value $________Based on t
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Okay, I’ll try to figure this one out for you


give me some time

Thxs
7 0
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