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agasfer [191]
3 years ago
12

Burns Company incurred the following costs during the year: direct materials $23.70 per unit; direct labor $13.10 per unit; vari

able manufacturing overhead $16.90 per unit; variable selling and administrative costs $12.00 per unit; fixed manufacturing overhead $122,100; and fixed selling and administrative costs $15,000. Burns produced 10,175 units and sold 6000 units. Determine the manufacturing cost per unit under (a) absorption costing and (b) variable costing. (Round answers to 2 decimal places, e.g. 52.75.) Manufacturing cost (a) Absorption Costing $ (b) Variable Costing $
Business
1 answer:
Semmy [17]3 years ago
8 0

Answer:

Absorption costing per unit  = $65.7

Variable costing = $53.7

Explanation:

Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit

Full cost per unit= Direct material cost + direct labor cost ,100/10,175 units

Manufacturing cost per unit =+ Variable manufacturing overhead + Fixed production overhead

fixed manufacturing overhead= $12223.70+13.10+ 16.90 + 12 = $65.7

Variable costing method

Variable costing values units produced using marginal cost.

Manufacturing cost per unit = Direct material cost + direct labor cost + Variable manufacturing overhead

Manufacturing cost per unit =23.70+13.10+ 16.90= $53.7

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Talja [164]

Answer: it is price floor

Explanation:

5$ is the lowest the price can go because they will NOT set it any lower, but it can go higher from there.

i took the testtoo, i got it correct.

floor is the lowest price, ceiling is the highest.

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3 years ago
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koban [17]

Answer:

$603,500

Explanation:

Calculation to determine the total dollar amount classified as current assets.

Using this formula

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Let plug in the formula

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3 0
3 years ago
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Komok [63]

Personal property.

Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.

<h3>Of the following, which one is not protected by renter's insurance?</h3>
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  • Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.  

To learn more about Renters insurance refer to:

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3 0
1 year ago
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Murljashka [212]

Answer:

True

Explanation:

Exchange rates vary through out different currencies ,controlled by different states .

The US dollar is the universal factor across all global currencies .Some may be higher while others may be lower but the USD is like the  unit of comparison .

It is regulated by the federal reserve and is usually backed by credit .Money has taken dramatic twists , when it comes to backing as it has been backed by gold and oil before hence shifting from time to time .So the US discovered to gap which was filled by credit systems that oversee the flow of bills in relations to credit .

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pashok25 [27]

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Explanation:

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