Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 1.3 (total: 15 marks) springer energy inc

Question 1.3 (Total: 15 marks) Springer Energy Inc. produces food products for people active in...

70.2K

Verified Solution

Question

Accounting

Question 1.3 (Total: 15 marks)

Springer Energy Inc. produces food products for people active in sports. The following budgeted volume and costs has been provided for one of their post-workout beverages:

Budgeted production

65,000 units

Selling price

$4.00 per unit

Direct material costs

$1.30 per unit

Direct labour costs

$0.20 per unit

Fixed manufacturing costs

$19,500

Variable manufacturing costs

$0.25 per unit

Variable administrative costs

$0.01 per unit

Fixed administrative costs

$3,900

Required

What is the inventoriable cost per drink under each of the following methods?

  1. absorption costing
  2. variable costing
  3. throughput costing

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

Chemistry
1.2K views

11. What characteristics of a molecule make it likely to absorb UV light in an analytically useful...

Physics
1.2K views

13 A carbon resistor of 47 4 7 KQ is to be marked with rings...

Basic Math
1.2K views

Which of the following represents a weakness in using GDP to gauge America s economic...

Statistics
1.2K views

9 If the mean in a population is 98 6 what is the value of...

Algebra
1.2K views

et P be the vector space of all polynomials of degree 2 or less and...

Algebra
1.2K views

f log 8 4x The domain of f is 2 00 X

Algebra
1.2K views

1 9 16 x y 36 OA G OB quantes Q G O C O...

Algebra
1.2K views

What is the value of sin given that 3 4 is a point on the...

Accounting
1.2K views

In January 2017, the management of Kinzie Company concludes that it has sufficient...

Accounting
1.2K views

Inspirational Inc. is a motivational consulting business. At the end of its accounting...

Accounting
1.2K views

Discuss the differences between participative and non-participative budgets. What are the advantages and disadvantages to...

Accounting
1.2K views

what is the purpose of fair value hedge