Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct labor 1.20 Variable overhead 0.90 Variable marketing expense 0.40 Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10. What is the variable cost per unit?   a. $4.00   b. $3.70   c. $4.60   d. $5.00   e. $1.30

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A: Contribution margin: Difference between the sales and the variable costs is called contribution…

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A: Standard table for actual output : 5000 units (amount in $) Standard units :  Standard Actual…

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A: The costs that are not included in product cost are said to be period cost.

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A: SOLUTION- DIRECT MATERIAL 1000 DIRECT LABOR 3000 VARIABLES MOH 200 FIXED MOH 1800 PRODUCT…

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A: Material price variance = (Actual price per pound - Standard price per pound)*Actual quantity…

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A: A unit cost is a total expenditure incurred by a company to produce, store, and sell one unit of a…

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A: Total product cost = direct material + direct labor + variable MOH + Fixed MOH

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A: Following are the answers to the given questions

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Q: What is the marginal costing profit for the month?

A:

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.