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8. Acme Co. produces a single product. Information about the product for the past year...

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Accounting

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8. Acme Co. produces a single product. Information about the product for the past year is as follows: Production (in units) 25,000 Sales (units... 23,000 Selling price/unit $ 52.00 Beg. Inventory (units. -0- Variable costs per unit: Direct materials $ 16.00 Direct labor S Variable overhead s 3.60 Variable selling sxps $ 8.00 Fixed overhead $ 215,000 Fixed selling and admin S 53,600 6,00 The unit product cost using absorption costing would be: a $25.60 c. $33.60 b. $34.20 d $42.20 9. Refer to the data in question 8. The unit product cost using variable costing would be: $25.60 b. $34.20 d. $42.20 a. c. $33.60 10. Refer to the data in question 8. Using absorption costing, the cost of goods sold would be: a $588,800 c. $786,600 b. $640,000 d. $855,000 11. Refer to the data in question 8. Using variable costing, the cost of goods sold would be: a. $588,800 c. $786,600 b. $640,000 d. $855,000 11#Refer to the data in question 8. If Acme Co. uses variable costing, its operating income would be: a. $171,800 c. $167,800 b. $158,600 d $154,600 13. Refer to the data in question 8. Using absorption costing, the operating income would be: a. S171,800 c. S167,800 b. $158,600 d. $154,600

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