A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit

A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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The following information applies to the products of Stuart Company. Product A Product B Selling price per unit $ 14 $ 12 Variable cost per unit 11 8 Identify the product that should be produced or sold under each of the following constraints. Consider each constraint separately.Required One unit of Product A requires 1 hour of labor to produce, and one unit of Product B requires 4 hours of labor to produce. Due to labor constraints, demand is higher than the company’s capacity to make both products. The products are sold to the public in retail stores. The company has limited floor space and cannot stock as many products as it would like. Display space is available for only one of the two products. Expected sales of Product A and Product B are 13,000 units and 12,000 units, respectively. The maximum number of machine hours available is 41,000. Product A uses 3 machine hours, and Product B uses 5 machine hours. The company can sell all the…