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126. The unit product cost under absorption costing was:
5-122
127. The unit product cost under variable costing was:
Deboer Company, which has only one product, has provided the following data concerning
its most recent month of operations:
128. What is the total period cost for the month under the variable costing approach?
5-124
129. What is the total period cost for the month under the absorption costing approach?
The following cost formula relates to last year's operations at Lemine Manufacturing
Corporation:
Y = $84,000 + $60.00X
In the formula above, 75% of the fixed cost and 90% of the variable cost are manufacturing costs.
Y is the total cost and X is the number of units produced and sold.
130. If Lemine produces and sells 7,000 units, what is the unit product cost under each of the
following methods?
131. If Lemine produces and sells only 6,000 units, what is the unit product cost under each of
the following methods?
Pellman Inc., which produces a single product, has provided the following data for its most
recent month of operations:
There were no beginning or ending inventories.
132. The unit product cost under absorption costing was:
5-128
133. The unit product cost under variable costing was:
Elbon Company, which has only one product, has provided the following data concerning
its most recent month of operations:
134. What is the net operating income for the month under variable costing?
5-130
135. What is the net operating income for the month under absorption costing?
Gordon Company produces a single product that sells for $10 per unit. Last year there
were no beginning inventories, 100,000 units were produced, and 80,000 units were sold. The
company has the following cost structure:
136. Net operating income under variable costing would be:
137. The carrying value on the balance sheet of the ending finished goods inventory under
absorption costing would be:
5-133
Clements Company, which has only one product, has provided the following data
concerning its most recent month of operations:
138. The total contribution margin for the month under the variable costing approach is:
139. The total gross margin for the month under the absorption costing approach is:
5-136
Kierst Company, which has only one product, has provided the following data concerning
its most recent month of operations:
The company produces the same number of units every month, although the sales in units vary
from month to month. The company's variable costs per unit and total fixed costs have been
constant from month to month.
140. What is the net operating income for the month under variable costing?
5-138
141. What is the net operating income for the month under absorption costing?
Krug Corporation manufactures a variety of products. The following data pertain to the
company's operations over the last two years:
5-139
142. What was the absorption costing net operating income last year?
5-140
143. What was the absorption costing net operating income this year?
Enz Corporation manufactures a variety of products. The following data pertain to the
company's operations over the last two years:
