Just need some help on this please! I will rate! Many thanks and...

80.2K

Verified Solution

Question

Accounting

image

image

Just need some help on this please!

I will rate!

Many thanks and God bless!!!

Barrett, Inc. reports the following information for the year ended December 31: Beginning Finished Goods Inventory 70 units Units produced 400 units Units sold 470 units Sales price $180 per unit Direct materials $25 per unit Direct labor S14 per unit Variable manufacturing overhead $15 per unit Fixed manufacturing overhead $15,900 per year Variable selling and administrative costs $8 per unit Fixed selling and administrative costs $13,500 per year O A. $55,200 OB. $13,460 O C. $26,060 OD. $55,460 Betsy's Pies, Inc. has provided the following financial information for the year. Finished Goods Inventory: Beginning balance in units 610 Units produced 1,400 Units sold 1,500 Ending balance, in units 510 Production Costs: Variable manufacturing costs per unit $50 Total fixed manufacturing costs $25,200 What is the unit product cost for the year using variable costing? O A. $50 O B. $49 OC. $17 OD. $68

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