6-319
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
Direct materials
Direct labor
Variable manufacturing overhead
The total contribution margin for the month under variable costing is:
6-320
6-321
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
Direct materials
$12
Direct labor
Variable manufacturing overhead
27
Absorption costing unit product cost
$87
The total gross margin for the month under the absorption costing approach is:
6-322
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?
Fixed manufacturing overhead
Fixed selling and administrative
Total period cost 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?
Fixed selling and administrative
24,000
Total period cost variable costing
6-326
120.
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 net operating income for the month under variable costing?
Direct materials
Direct labor
Variable manufacturing overhead
Variable costing unit product cost
121.
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 net operating income for the month under absorption costing?
Direct materials
$12
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead cost ($170,100 ÷ 6,300 units produced)
27
6-330
6-331
122.
Gabbert Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$90
Units in beginning inventory
0
Units produced
3,600
Units sold
3,400
Units in ending inventory
200
Variable costs per unit:
Direct materials
$23
Direct labor
$11
Variable manufacturing overhead
$2
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$93,600
Fixed selling and administrative
$61,200
Direct materials
Direct labor
Variable manufacturing overhead
2
The total contribution margin for the month under variable costing is:
6-332
6-333
123.
Gabbert Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$90
Units in beginning inventory
0
Units produced
3,600
Units sold
3,400
Units in ending inventory
200
Variable costs per unit:
Direct materials
$23
Direct labor
$11
Variable manufacturing overhead
$2
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$93,600
Fixed selling and administrative
$61,200
Direct materials
Direct labor
The total gross margin for the month under the absorption costing approach is:
6-334
6-335
124.
Gabbert Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$90
Units in beginning inventory
0
Units produced
3,600
Units sold
3,400
Units in ending inventory
200
Variable costs per unit:
Direct materials
$23
Direct labor
$11
Variable manufacturing overhead
$2
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$93,600
Fixed selling and administrative
$61,200
Fixed manufacturing overhead
Fixed selling and administrative
Total period costs
What is the total period cost for the month under variable costing?
6-336
6-337
125.
Gabbert Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price
$90
Units in beginning inventory
0
Units produced
3,600
Units sold
3,400
Units in ending inventory
200
Variable costs per unit:
Direct materials
$23
Direct labor
$11
Variable manufacturing overhead
$2
Variable selling and administrative
$8
Fixed costs:
Fixed manufacturing overhead
$93,600
Fixed selling and administrative
$61,200
Fixed selling and administrative
Total period costs
$88,400
What is the total period cost for the month under the absorption costing?
6-338