2. The estimated unit costs for CNR Inc., when it is operating at a production and sales level of 12,000 units, are as follows:

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...
icon
Related questions
Question
Please show the solution for the required #4 from the given below
7
3
9
D
1
2
B
4
5
5
7
3
3
O
1
2
B
4
5
5
7
3
2. The estimated unit costs for CNR Inc., when it is operating at a production and sales level of 12,000 units,
are as follows:
Estimated
Unit Cost
Cost item
X
Direct materials
32
Direct labor
10
Variable Factory Overhead
15
Fixed factory overhead
Variable Marketing
Fixed marketing
1. identify the estimated conversion cost per unit.
2. Identify the estimated prime cost per unit.
3. Determine the estimated total variable cost per unit
4. Computed the total cost that would be incurred during a month with a production level of
12,000 units and sales level of 8,000 units.
Shoot1
Required:
P
Awat
+
Transcribed Image Text:7 3 9 D 1 2 B 4 5 5 7 3 3 O 1 2 B 4 5 5 7 3 2. The estimated unit costs for CNR Inc., when it is operating at a production and sales level of 12,000 units, are as follows: Estimated Unit Cost Cost item X Direct materials 32 Direct labor 10 Variable Factory Overhead 15 Fixed factory overhead Variable Marketing Fixed marketing 1. identify the estimated conversion cost per unit. 2. Identify the estimated prime cost per unit. 3. Determine the estimated total variable cost per unit 4. Computed the total cost that would be incurred during a month with a production level of 12,000 units and sales level of 8,000 units. Shoot1 Required: P Awat +
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Balance Sheet Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning