1.Hadley Corporation, which has only one product, has provided the following data concerning its most...

90.2K

Verified Solution

Question

Accounting

1.Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$211Units in beginning inventory200Units produced1,810Units sold1,120Units in ending inventory890 Variable costs per unit: Direct materials$ 75Direct labor$ 39Variable manufacturing overhead$ 7Variable selling and administrative expense$ 15Fixed costs: Fixed manufacturing overhead$25,340Fixed selling and administrative expense$29,120 What is the total period cost for the month under variable costing?Multiple Choice$54,460$45,920$25,340$71,26
2.A Manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,550 Units sold 4,450 Units in ending inventory 100 Variable costs per unit: Direct materials $ 52 Direct labor $ 54 Variable manufacturing overhead $ 17 Variable selling and administrative expense $ 15 Fixed costs: Fixed manufacturing overhead $95,550 Fixed selling and administrative expense $44,500 What is the variable costing unit product cost for the month? Multiple Choice $123 per unit $138 per unit $159 per unit $133 per unit
3.Beamish Incorporated, which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 6,900 Variable costs per unit: Direct materials $ 139 Direct labor $ 126 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $248,400 Fixed selling and administrative expense $538,200 There were no beginning or ending inventories. The absorption costing unit product cost was: Multiple Choice $265 per unit $272 per unit $398 per unit $308 per unit
HELP ASAP

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students