Yang Company reports the following data: EEB (Click on the icon to view the data
ID: 2518760 • Letter: Y
Question
Yang Company reports the following data: EEB (Click on the icon to view the data.) Calculate the product cost per unit and the total cost of the 1,700 units in ending inventory using absorption costing and variable costing. Calculate the cost per unit using absorption costing and variable costing. (If a box is not used in the table leave the box empty; do not enter a zero.) AbsorptionVariable Costing Costing Total unit product cost Calculate the total cost of the 1,700 units in ending inventory using absorption costing The total cost of the 1,700 units in ending inventory using absorption costing is $ Calculate the total cost of the 1,700 units in ending inventory using variable costing. The total cost of the 1,700 units in ending inventory using variable costing is $Explanation / Answer
Absorption costing Variable costing Variable manufacturing costs per unit 57 57 Fixed manufacturing costs per unit 11 0 Total unit product cost 68 57 2 Ending inventory under absorption costing=1700*68= $115600 3 Ending inventory under variable costing=1700*57= $96900
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