Ch 8 Problem 8-27

Ch 8 Problem 8-27 - 8-27(35 MINUTES)1.Total cost:Direct...

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Unformatted text preview: 8-27 (35 MINUTES)1.Total cost:Direct material (10,000 units x $36)…………...$ 360,000Direct labour………………………………………..135,000Variable manufacturing overhead…………….195,000Fixed manufacturing overhead………………..660,000Variable selling and administrative costs (9,600 units x $24)……………………………230,400Fixed selling and administrative costs………354,000Total…………………………………………….$1,934,4002.The cost of the year-end inventory of 400 units (10,000 units produced – 9,600 units sold) is computed as follows:AbsorptionCostingVariableCostingThroughputCostingDirect material…………………………..$ 360,000$360,000$360,000Direct labour………………………………135,000135,000Variable manufacturing overhead…..195,000195,000Fixed manufacturing overhead………660,000________________Total product cost…………………$1,350,000$690,000$360,000Cost per unit (total ÷ 10,000 units)…...
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Ch 8 Problem 8-27 - 8-27(35 MINUTES)1.Total cost:Direct...

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