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?
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?
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?
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?
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
What is the unit product cost for the month under variable costing?
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?
116. 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
The total contribution margin for the month under variable costing is:
117. 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
The total gross margin for the month under the absorption costing approach is:
118. 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 total period cost for the month under variable costing?
119. 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 total period cost for the month under the absorption costing?
