Quiz 6 - Student Name: Class: Cost Accounting Problem...

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Student Name: Class: Cost Accounting Problem 02-46A PRINCETON FABRICATION, INC. a. Computations 1. Variable Manufacturing Cost per Unit Direct Material $224 Direct Labor 70 Variable Overhead 140 Variable Manufacturing Cost $434 Correct! 2. Full Cost per Unit Direct Materials $224 Direct Labor 70 Variable Overhead 140 134000/1200 112 100800/1200 84 Variable Costs 28 Full Unit Cost $658 Correct! 3. Variable Cost per Unit Direct Material $224 Direct Labor 70 Variable Overhead 140 Variable Costs 28 Variable Cost $462 Correct! 4. Full Absorption Cost per Unit Variable Overhead $140 Direct Materials 224 Direct Labor 70 108000/1200 84 Full Absorption Cost $518 Correct! 5. Prime Cost per Unit Direct Materials $224 Direct Labor 70 Prime Cost $294 Correct! 6. Conversion Cost per Unit Direct Labor $70 Variable Manuf. O.H. 140+84 (100800/1200) 224 Conversion Cost $294 Correct! 7. Profit Margin per Unit Selling Price $896 Cost Per Unit 658 Profit Margin $238 Correct! 8. Contribution Margin per Unit
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Quiz 6 - Student Name: Class: Cost Accounting Problem...

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