Just need the answers to verify my own, thanks. S400 per unit Sales price Fixed
ID: 2540617 • Letter: J
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Just need the answers to verify my own, thanks.
S400 per unit Sales price Fixed costs: Marketing and administrative Manufacturing overhead $48,000 per period S72,000 per period Variable costs: $16 per unit Manufacturing overheadS1S per nt $70 per unit S120 per unit 1,200 per period Marketing and administrative Direct labour Direct materials Units produced and sold Required: Determine each of the following costs using the information above: 12. Product cost using absorption costing (per unit): per unit 14. Period costs for the period 15. Conversion costs 16. Contribution margin (per unit) per unitExplanation / Answer
Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Direct Materials = 120*1200 144,000.00 Direct Labour = 70*1200 84,000.00 Variable manufacturing O/H = 18*1200 21,600.00 Fixed Manufacturing costs 72,000.00 Total product cost 321,600.00 No of units 1,200.00 Product cost per unit 268.00 Q14 Variable Marketing and adminstrative=1200*16 19,200.00 Fixed Marketing and adminstrative 48,000.00 Total period costs 67,200.00 Q15 Conversion costs Direct Labour = 70*1200 84,000.00 Variable manufacturing O/H = 18*1200 21,600.00 Fixed Manufacturing costs 72,000.00 Total conversion costs 177,600.00 Q16 Sales price per unit 400.00 Variable cost per unit Direct Materials 120.00 Direct Labour 70.00 Variable manufacturing O/H 18.00 Total variable cost per unit 208.00 Contribution margin per unit = 400 - 208 192.00
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