17-28 - $118,000 Total $644,800 2 400(10000 units produced...

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DATA INPUT Planned Production (units) 10,000 Actual Production (units) 10,000 Sales (unit) 9,600 Sales Price (per unit) $72 Cost Data Direct Material (per unit) $12 Conversion Cost: Direct Labor $45,000 Variable Manufacturing Overhead $65,000 Fixed Manufacturing Overhead $220,000 Selling and Administrative Costs Variable (per unit) $8 Fixed $118,000 SOLUTION 1. Direct Material 10000 unit $120,000 Direct Labor $45,000 Variable Manufacturing Overhead $65,000 Fixed Manufacturing Overhead $220,000 Variable Selling & Admini 9600 units $76,800 Fixed Selling & Administrative Costs
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Unformatted text preview: $118,000 Total $644,800 2. 400 (10000 units produced - 9600 u is computed as follows Absorption C Variable Costing Throughput Costing Direct Material $120,000 $120,000 $120,000 Direct Labor $45,000 $45,000 $65,000 $65,000 $220,000 Total product cost $450,000 $230,000 $120,000 Cost per unit total / 1000 $45 $23 $12 Year-end inventory 400 units * $18,000 $9,200 $4,800 The cost of the year-end inventory of Variable Manufacturing Overhead Fixed Manufacturing Overhead...
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