Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
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?
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?
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
The total contribution margin for the month under variable costing is:
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
The total gross margin for the month under the absorption costing approach is:
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
What is the total period cost for the month under variable costing?
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
What is the total period cost for the month under the absorption costing?
126. Elliot Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price $112
Units in beginning inventory 0
Units produced 4,900
Units sold 4,500
Units in ending inventory 400
Variable costs per unit:
Direct materials $19
Direct labor $45
Variable manufacturing overhead $6
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $117,600
Fixed selling and administrative $22,500
What is the net operating income for the month under variable costing?
127. Elliot Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price $112
Units in beginning inventory 0
Units produced 4,900
Units sold 4,500
Units in ending inventory 400
Variable costs per unit:
Direct materials $19
Direct labor $45
Variable manufacturing overhead $6
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $117,600
Fixed selling and administrative $22,500
What is the net operating income for the month under absorption costing?
128. Iancu Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price $149
Units in beginning inventory 0
Units produced 4,200
Units sold 3,900
Units in ending inventory 300
Variable costs per unit:
Direct materials $27
Direct labor $46
Variable manufacturing overhead $5
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $155,400
Fixed selling and administrative $70,200
What is the unit product cost for the month under variable costing?
129. Iancu Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
Selling price $149
Units in beginning inventory 0
Units produced 4,200
Units sold 3,900
Units in ending inventory 300
Variable costs per unit:
Direct materials $27
Direct labor $46
Variable manufacturing overhead $5
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $155,400
Fixed selling and administrative $70,200
What is the net operating income for the month under variable costing?
