6-299
106.
Hatfield Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$123
Units in beginning inventory
0
Units produced
6,400
Units sold
6,100
Units in ending inventory
300
Variable costs per unit:
Direct materials
$45
Direct labor
$30
Variable manufacturing overhead
$1
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$140,800
Fixed selling and administrative
$91,500
Fixed manufacturing overhead
Fixed selling and administrative
What is the total period cost for the month under variable costing?
6-300
6-301
107.
Hatfield Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$123
Units in beginning inventory
0
Units produced
6,400
Units sold
6,100
Units in ending inventory
300
Variable costs per unit:
Direct materials
$45
Direct labor
$30
Variable manufacturing overhead
$1
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$140,800
Fixed selling and administrative
$91,500
Direct materials
Direct labor
Variable manufacturing overhead
Variable costing unit product cost
What is the net operating income for the month under variable costing?
6-302
108.
Farron Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$92
Units in beginning inventory
0
Units produced
8,700
Units sold
8,300
Units in ending inventory
400
Variable costs per unit:
Direct materials
$13
Direct labor
$55
Variable manufacturing overhead
$1
Variable selling and administrative
$5
Fixed costs:
Fixed manufacturing overhead
$130,500
Fixed selling and administrative
$8,300
Direct materials
Direct labor
Variable manufacturing overhead
Variable costing unit product cost
What is the unit product cost for the month under variable costing?
6-304
6-305
109.
Farron Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$92
Units in beginning inventory
0
Units produced
8,700
Units sold
8,300
Units in ending inventory
400
Variable costs per unit:
Direct materials
$13
Direct labor
$55
Variable manufacturing overhead
$1
Variable selling and administrative
$5
Fixed costs:
Fixed manufacturing overhead
$130,500
Fixed selling and administrative
$8,300
Direct materials
$13
Direct labor
Variable manufacturing overhead
1
Fixed manufacturing overhead cost ($130,500 ÷ 8,700 units produced)
What is the unit product cost for the month under absorption costing?
6-306
110.
Farron Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$92
Units in beginning inventory
0
Units produced
8,700
Units sold
8,300
Units in ending inventory
400
Variable costs per unit:
Direct materials
$13
Direct labor
$55
Variable manufacturing overhead
$1
Variable selling and administrative
$5
Fixed costs:
Fixed manufacturing overhead
$130,500
Fixed selling and administrative
$8,300
What is the net operating income for the month under variable costing?
Direct materials
Direct labor
Variable manufacturing overhead
Variable costing unit product cost
111.
Farron Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$92
Units in beginning inventory
0
Units produced
8,700
Units sold
8,300
Units in ending inventory
400
Variable costs per unit:
Direct materials
$13
Direct labor
$55
Variable manufacturing overhead
$1
Variable selling and administrative
$5
Fixed costs:
Fixed manufacturing overhead
$130,500
Fixed selling and administrative
$8,300
What is the net operating income for the month under absorption costing?
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead cost ($130,500 ÷ 8,700 units produced)
15
6-311
112.
Khanam Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$97
Units in beginning inventory
500
Units produced
8,400
Units sold
8,500
Units in ending inventory
400
Variable costs per unit:
Direct materials
$20
Direct labor
$37
Variable manufacturing overhead
$1
Variable selling and administrative
$11
Fixed costs:
Fixed manufacturing overhead
$67,200
Fixed selling and administrative
$161,500
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.
What is the net operating income for the month under variable costing?
6-313
113.
Khanam Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$97
Units in beginning inventory
500
Units produced
8,400
Units sold
8,500
Units in ending inventory
400
Variable costs per unit:
Direct materials
$20
Direct labor
$37
Variable manufacturing overhead
$1
Variable selling and administrative
$11
Fixed costs:
Fixed manufacturing overhead
$67,200
Fixed selling and administrative
$161,500
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.
What is the net operating income for the month under absorption costing?
6-314
6-315
114.
Aaker Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$99
Units in beginning inventory
0
Units produced
6,300
Units sold
6,000
Units in ending inventory
300
Variable costs per unit:
Direct materials
$12
Direct labor
$42
Variable manufacturing overhead
$6
Variable selling and administrative
$6
Fixed costs:
Fixed manufacturing overhead
$170,100
Fixed selling and administrative
$24,000
Direct materials
$12
Direct labor
Variable manufacturing overhead
Variable costing unit product cost
What is the unit product cost for the month under variable costing?
6-316
115.
Aaker Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$99
Units in beginning inventory
0
Units produced
6,300
Units sold
6,000
Units in ending inventory
300
Variable costs per unit:
Direct materials
$12
Direct labor
$42
Variable manufacturing overhead
$6
Variable selling and administrative
$6
Fixed costs:
Fixed manufacturing overhead
$170,100
Fixed selling and administrative
$24,000
What is the unit product cost for the month under absorption costing?
Direct materials
Direct labor
Variable manufacturing overhead
6-318