I do online college if that counts and on campus.
Answer:
Unitary cost= $108
Explanation:
Giving the following information:
Direct materials= $28
Direct labor= $58
Variable manufacturing overhead= $22
<u>Under the variable costing method, the unitary product cost is calculated using direct material, direct labor, and variable overhead.</u>
Unitary cost= 28 + 58 + 22= $108
A company selling goods subtract cost of goods sold from sales to determine gross profit.
Cost of goods sold has to do with the costs of manufacturing a products such as:
In order for a company to know or determine their gross profit for a particular period they will have to deduct their sales from the cost of goods sold.
The formula to determine gross profit is:
Gross profit=Sales -Cost of good sold
Inconclusion a company selling goods subtract cost of goods sold from sales to determine gross profit.
Learn more about cost of goods sold here: <em>brainly.com/question/14866200</em>
Answer:
A. Work-In-Process Inventory xxx Materials Inventory xxx
Explanation:
The journal entry to record the requisition of direct material is shown below:
Work in process inventory Dr XXXXX
To Material inventory XXXXX
(Being the requisition of the direct material is recorded)
While recording this entry we debited the work in process inventory and credited the material inventory so that the proper posting could be done