Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following cost information has been provided f

The following cost information has been provided for a new product line. Cost...

80.2K

Verified Solution

Question

Accounting

  1. The following cost information has been provided for a new product line.

Cost per unit

  • Direct materials $2.5
  • Direct labour $1.5
  • Variable factory overhead $ 3
  • Fixed factory overhead $1.5

The unit costs are based on a production of 10000 units.

If 2000 units are produced what would be the:

  1. Total prime cost
  2. Conversion cost per unit

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

Programming
1.2K views

What is a program format? CNC programming is based on what current standard? Briefly describe the Word...

General Management
1.2K views

Profit-Linked Productivity Measurement In 2015, Choctaw Company implements a new process affecting labor and materials. Choctaw Company provides...

Biology
1.2K views

If a solid line represents a covalent bond and a dotted line represents intermolecular attraction...

Physics
1.2K views

A conducting wheel in which there are four rods of length is rotating with angular...

Statistics
1.2K views

According to a Pew Research Center poll conducted last year 63 of American adults say...

Calculus
1.2K views

Please show you Solve for w in the equation below using logarithms Round answer to...

Calculus
1.2K views

Find the volume of the solid generated by revolving the region bounded by y 2x...

Accounting
1.2K views

beginning accounts receivable were $32,350. all sales were on account and totaled $287,160. cash collected...

Accounting
1.2K views

John Fillmore's lifelong dream is to own his own fishing boat to use in his...

Accounting
1.2K views

6 Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining...

Accounting
1.2K views

Required Prepare a complete statement of cash filows for December using the indirect method for...

Accounting
1.2K views

Q2: What long-term debt value appears on Microsofts FY2014 balance sheet? ...