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Elina [12.6K]
2 years ago
15

Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S

elling price $107 Units in beginning inventory 0 Units produced 6,400 Units sold 6,100 Units in ending inventory 300 Variable costs per unit: Direct materials $14 Direct labor $44 Variable manufacturing overhead $8 Variable selling and administrative $8 Fixed costs: Fixed manufacturing overhead $172,800 Fixed selling and administrative $24,600 What is the unit product cost for the month under variable costing?
Business
1 answer:
BARSIC [14]2 years ago
4 0

Answer:

Unit product cost is equal to $66

Explanation:

It is given that direct material cost = $14

Direct labor cost = $44

Variable manufacturing overhead = $8

We have to find the unit product cost

Unit product cost is the sum of material cost labor cost and manufactoring overhead

Therefore unit product cost = $14+$8+$44= $66

So unit product cost is equal to $66

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3 years ago
Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay divi
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Cost of retained earnings  = 0.13

Explanation:

given data

(D1) = $1.80

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solution

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put here value and we get

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4 0
3 years ago
Saturn Industries purchased and consumed 64,000 gallons of direct material that was used in the production of 17,000 finished un
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Answer:

The actual price = $1.08

Explanation:

The standard material price can be worked out as follows:

<em>Step 1: Work out the standard price of material  using the material usage variance</em>

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Standard quantity of material = standard qty per unit × actual production

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Standard price =  2,800/(68,000-64,000)= $0.7

<em>Step 2 : Work out the Actual material price using the material price variance</em>

Material price variance = (Standard price - Actual price )× Actual quantity of material

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5 0
3 years ago
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