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Calculate the unit product cost using absorption costing and variable costing wh

ID: 2394665 • Letter: C

Question

Calculate the unit product cost using absorption costing and variable costing when production is 1,000 units, 2,500 units, and 5,000 units Select the labels and enter the amounts to compute the unit product cost using absorption costing. (If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) 1,000 units 2,500 units 5,000 units Total unit product cost Select the labels and enter the amounts to compute the unit product cost using variable costing. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) 1,000 units 2,500 units 5,000 units 1Data Table Direct materials 44 per unit 54 per unit 13 per unit 25,000 per year Direct labor Total unit product cost Fixed manufacturing overhead Print Done Choose from any list or enter any number in the input fields and then continue to the next question

Explanation / Answer

Absorption costing

no of units produced

cost per unit

1000

2500

5000

Direct material

44

44000

110000

220000

Direct labor

54

54000

135000

270000

variable manufacturing overhead

13

13000

32500

65000

Fixed manufacturing overhead

25000

25000

25000

total product cost

136000

302500

580000

no of units produced

1000

2500

5000

unit cost

136

121

116

Variable costing

no of units produced

cost per unit

1000

2500

5000

Direct material

44

44000

110000

220000

Direct labor

54

54000

135000

270000

variable manufacturing overhead

13

13000

32500

65000

Fixed manufacturing overhead

0

0

0

total product cost

111000

277500

555000

no of units produced

1000

2500

5000

unit cost

111

111

111

Absorption costing

no of units produced

cost per unit

1000

2500

5000

Direct material

44

44000

110000

220000

Direct labor

54

54000

135000

270000

variable manufacturing overhead

13

13000

32500

65000

Fixed manufacturing overhead

25000

25000

25000

total product cost

136000

302500

580000

no of units produced

1000

2500

5000

unit cost

136

121

116

Variable costing

no of units produced

cost per unit

1000

2500

5000

Direct material

44

44000

110000

220000

Direct labor

54

54000

135000

270000

variable manufacturing overhead

13

13000

32500

65000

Fixed manufacturing overhead

0

0

0

total product cost

111000

277500

555000

no of units produced

1000

2500

5000

unit cost

111

111

111

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