Watt Corporation has just completed its first year of operation. Below are selec
ID: 2480453 • Letter: W
Question
Watt Corporation has just completed its first year of operation. Below are selected data;
Number of units produced
10,000
Number of units sold
8,000
Selling price per unit
$30.00
Cost per unit:
Direct materials
$3.00
Direct labor
5.00
Variable overhead
1.00
Variable selling expenses
2.00
Fixed expenses:
Fixed overhead
$40,000
Fixed selling expenses
35,000
The operating income using absorption costing is
Number of units produced
10,000
Number of units sold
8,000
Selling price per unit
$30.00
Cost per unit:
Direct materials
$3.00
Direct labor
5.00
Variable overhead
1.00
Variable selling expenses
2.00
Fixed expenses:
Fixed overhead
$40,000
Fixed selling expenses
35,000
Explanation / Answer
Answer:-
Statement Showing Unit Cost Particulars Unit cost Direct materials 3 Direct labor 5 Variable overhead 1 Fixed Overhead 4 Total 13Related Questions
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