Units in beginning inventory .. Units produced .... Units sold ..... Units in ending inventory... 20,000 19,000 1,000 ... Variable costs per unit: Direct materials . $ 50 Direct labor .. 80 Variable manufacturing overhead 20 Variable selling and administrative 10 Total variable cost per unit . $160 Fixed costs: Fixed manufacturing overhead $700,000 Fixed selling and administrative 285,000 Total fixed costs $985,000

Units in beginning inventory .. Units produced .... Units sold ..... Units in ending inventory... 20,000 19,000 1,000 ... Variable costs per unit: Direct materials . $ 50 Direct labor .. 80 Variable manufacturing overhead 20 Variable selling and administrative 10 Total variable cost per unit . $160 Fixed costs: Fixed manufacturing overhead $700,000 Fixed selling and administrative 285,000 Total fixed costs $985,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 14EB: Crafts 4 All has these costs associated with production of 12,000 units of accessory products:...

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