Bartelt Inc., which produces a single product, has provided the following data f

ID: 2501303 • Letter: B

Question

Bartelt Inc., which produces a single product, has provided the following data for its most recent month of operations: There were no beginning or ending inventories. The absorption costing unit product cost was: The Swenson Corporation has a standard costing system. The following data are available for June The actual price per pound of direct materials purchased in June is: (Round your answer to 2 decimal places.) Chabot Company had the following results last year: net operating income. $10,340; turnover, 4; and ROl 22%. Chahot Company's average operating assets were:

Explanation / Answer

Calculation of Absorption costing unit product cost:

Direct Material Cost per unit

$ 90

Direct Labor Cost per unit

$ 42

Variable Manufacturing Overhead Cost per unit

$ 3

Fixed Manufacturing Overhead Cost per unit = ($135300 / 4100 Units)

$ 33

Absorption costing unit product cost (Per unit)

$ 168