Data concerning Dakota Enterprises' operations last year appear below: Units in the Beginning Inventory -0- Units Units Produced 4,000 Units Units Sold 3,900 Units Selling Price Per Unit $140 Variable Costs Per Unit: Direct Material $41 Direct Labor 43 Manufacturing Overhead 6 Sellling and Administrative Costs 4 Fixed Costs in Total: Manufacturing Overhead $84,000 Selling and Administrative Costs 39,000 Match each of the following items with the proper amount. Unit Product Cost , Using Absorption Costing Unit Gross Margin Total Gross Margin

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 1E: At the end of the first year of operations, 21,500 units remained in the finished goods inventory....

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Data concerning Dakota Enterprises' operations last year appear below:

Units in the Beginning Inventory	-0-	Units
Units Produced	4,000	Units
Units Sold	3,900	Units

Selling Price Per Unit	$140
Variable Costs Per Unit:
Direct Material	$41
Direct Labor	43
Manufacturing Overhead	6
Sellling and Administrative Costs	4
Fixed Costs in Total:
Manufacturing Overhead	$84,000
Selling and Administrative Costs	39,000

Match each of the following items with the proper amount.

	Unit Product Cost , Using Absorption Costing
	Unit Gross Margin
	Total Gross Margin
	Unit Product Cost , Using Variable Costing
	Unit Contribution Margin
	Total Contribution Margin
	Total Selling and Administrative
	Total Fixed Costs
	Net Income, Using Absorption Costing
	Net Income, Using Variable Costing

A.	$54,600
B.	$111.00
C.	$113,100
D.	$29.00
E.	$90.00
F.	$179,400
G.	$46.00
H.	$123,000
I.	$56,400
J.	$58,500

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