XYZ Company produced 100,000 units of Product J during the month of December: Costs incurred during December is given as follows: Direct Materials Used P100,000 Direct Labor Employed 80,000 Variable manufacturing overhead 40,000 Variable selling & general expenses 12,000 Fixed manufacturing overhead 50,000 Fixed selling & general expenses 45,000
XYZ Company produced 100,000 units of Product J during the month of December: Costs incurred during December is given as follows: Direct Materials Used P100,000 Direct Labor Employed 80,000 Variable manufacturing overhead 40,000 Variable selling & general expenses 12,000 Fixed manufacturing overhead 50,000 Fixed selling & general expenses 45,000
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...
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1. What was Product J's unit cost under cost absorption costing?
2. What was Product J's unit cost under variable costing?
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