(Attached is an image of the data for the month to assist with the question) The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month. (where applicable, round off amounts to two decimal places1.Calculate the unit product cost for the month under absorption costing Selling price (per unit)R116Units in opening inventory600Units manufactured2 550Units sold3 050Units in closing inventory100Variable costs per unit:Direct materialsR12,00Direct labourR50,00Variable manufacturing overheadR6,50Variable selling and administrativeR10,00Fixed costs:Fixed manufacturing overheadR81 000Fixed selling and administrativeR19 000

Under absorption costing, the actual cost spent on the unit produces or sold is allocated to that…

Attached is an image of the data for the month to assist with the question) The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month. (where applicable, round off amounts to two decimal places 1.Calculate the unit product cost for the month under absorption costing

Attached is an image of the data for the month to assist with the question) The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month. (where applicable, round off amounts to two decimal places 1.Calculate the unit product cost for the month under absorption costing

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 24E: Banwood Company has the following information for 20x1: There were no beginning inventories. What is...

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