Beginning inventoryExpected sales in unitsSelling price per unitVariable manufacturing cost per unitFixed manufacturing overhead cost (total)Fixed manufacturing overhead costs per unitBased on 20,000 units20,000$15$6$60,000$3 per unit ($60,000 + 20,000 units)$2 per unit ($60,000 + 30,000 units)Based on 30,000 unitsTotal manufacturing cost per unitBased on 20,000 unitsBased on 30,000 unitsVariable selling and administrative expenses$9 per unit ($6 variable + $3 fixed)$8 per unit ($6 variable + $2 fixed)per unitFixed selling and administrative expenses$1$15,000Decision: Produce 20,000 or 30,000 units?1 compute per unit cost under full and variable costing ( both 30,000 or 20,000 units produce )2 income statement under full and variable costing ( both 30,000 or 20,000 units produce )

Name: Beginning inventoryExpected sales in unitsSelling price per unitVaria
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Description: Beginning inventoryExpected sales in unitsSelling price per unitVariable manufacturing cost per unitFixed manufacturing overhead cost (total)Fixed manufacturing overhead costs per unitBased on 20,000 units20,000$15$6$60,000$3 per unit ($60,000 + 20,

Given: To prepare the record of the per unit cost and income statement is given as,

Answered: elling price per unit ariable…

Business

Accounting

elling price per unit ariable manufacturing cost per u ixed manufacturing overhead cos ixed manufacturing overhead cos Based on 20,000 units 20

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter5: Inventories And Cost Of Goods Sold

Section: Chapter Questions

Problem 5.23MCE

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