Units in beginning inventory

1.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 182 Units in beginning inventory 0 Units produced 13,900 Units sold 13,000 Units in ending inventory 900 Variable costs per unit: Direct materials $ 54 Direct labor $ 45 Variable manufacturing overhead $ 16 Variable selling and administrative expense $ 15 Fixed costs: Fixed manufacturing overhead $500,400 Fixed selling and administrative expense $169,000 What is the total period cost for the month under variable costing? $500,400 $364,000 $669,400 $864,400 ©2018 McGraw-Hill Education. All rights reserved. 2.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,850 Units sold 4,750 Units in ending inventory 100 Variable costs per unit: Direct materials $ 58 Direct labor $ 60 Variable manufacturing overhead $ 23 Variable selling and administrative expense $ 21 Fixed costs: Fixed manufacturing overhead $101,850 Fixed selling and administrative expense $ 47,500 What is the variable costing unit product cost for the month? $162 per unit $183 per unit $141 per unit $145 per unit 3.Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 5,400 Variable costs per unit: Direct materials $ 104 Direct labor $ 86 Variable manufacturing overhead $ 11 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead $199,800 Fixed selling and administrative expense $394,200 There were no beginning or ending inventories. The absorption costing unit product cost was: $190 per unit $238 per unit $201 per unit $325 per unit 4.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 154 Units in beginning inventory 0 Units produced 2,560 Units sold 2,230 Units in ending inventory 330 Variable costs per unit: Direct materials $ 51 Direct labor $ 24 Variable manufacturing overhead $ 15 Variable selling and administrative expense $ 16 Fixed costs: Fixed manufacturing overhead $92,160 Fixed selling and administrative expense $11,150 The total gross margin for the month under absorption costing is: $62,440 $15,610 $96,240 $107,040 ©2018 McGraw-Hill Education. All rights reserved. 5.Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $41,300 and the Export Products Division's divisional segment margin is $93,700. The total amount of common fixed expenses not traceable to the individual divisions is $106,800. What is the company's net operating income (loss)? Brewer 8e Rechecks 2018-06-22 $241,800 $135,000 $28,200 ($135,000) 6.Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales $ 587,000 $ 172,000 $ 415,000 Variable expenses 376,090 98,040 278,050 Contribution margin 210,910 73,960 136,950 Traceable fixed expenses 105,290 30,870 74,420 Segment margin 105,620 $ 43,090 $ 62,530 Common fixed expenses 68,550 Net operating income $ 37,070 The break-even in sales dollars for Division Q is closest to: (Round your intermediate calculations to 2 decimal places.) $279,130 $225,515 $213,388 $421,820 ©2018 McGraw-Hill Education. All rights reserve 7.WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $90,000 annually and one salaried estimator who is paid $50,000 annually. The corporate office has two office administrative assistants who are paid salaries of $54,000 and $39,000 annually. The president's salary is $159,000. How much of these salaries are common fixed expenses? $159,000 $252,000 $93,000 $328,000 8.Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 127 Units in beginning inventory 0 Units produced 6,650 Units sold 6,350 Units in ending inventory 300 Variable costs per unit: Direct materials $ 19 Direct labor $ 49 Variable manufacturing overhead $ 13 Variable selling and administrative expense $ 13 Fixed costs: Fixed manufacturing overhead $179,550 Fixed selling and administrative expense $ 26,100 What is the unit product cost for the month under variable costing? $94 per unit $121 per unit $108 per unit $81 per unit ©2018 McGraw-Hill Education. All rights reserved. 9.Helmers Corporation manufactures a single product. Variable costing net operating income last year was $74,000 and this year was $88,700. Last year, $27,600 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $10,400 in fixed manufacturing overhead costs were deferred in inventory under absorption costing. What was the absorption costing net operating income last year? $78,300 $74,000 $46,400 $101,600 10.Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $420,000, variable expenses of $225,000, and traceable fixed expenses of $49,000. During the same month, the West business segment had sales revenues of $1,090,000, variable expenses of $552,000, and traceable fixed expenses of $209,000. The common fixed expenses totaled $326,000 and were allocated as follows: $163,000 to the East business segment and $163,000 to the West business segment. The contribution margin of the West business segment is: $538,000 $(27,000) $753,000 $146,000                                                                                                                                                                                                                                                            

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