Unitssoldin2013

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Unformatted text preview: nits: $20,970 (given) ÷ $2.33 per unit = 9,000 units 3. 4. Units sold in 2013 = Beginning inventory + Production – Ending inventory = 0 + 100,000 – 9,000 = 91,000 units Selling price per unit in 2013: $436,800 ÷ 91,000 = $4.80 per unit Revenue (91,000 units sold $4.80) Cost of units sold: Beginning finished goods, Jan. 1, 2013 Cost of goods manufactured Cost of goods available for sale Ending finished goods, Dec. 31, 2013 Gross margin Operating costs: Marketing, distribution, and customer‐service costs Administrative costs Operating income $436,800 $ 0 233,000 233,000 20,970 212,030 224,770 162,850 50,000 212,850 $ 11,920 2 2‐33 (cont’d) Note: Although not required, the full set of unit variable costs are: Direct materials costs Direct manufacturing labour costs Plant energy costs Indirect manufacturing labour costs Other indirect manufacturing costs Marketing, distribution, and customer‐service costs $1.40 0.30 0.05 = $1.93 p...
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