Unit product cost formula
[DOC File]Consider the following costs:
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Jul 28, 2010 · The company makes 470 units of product W26B a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.30 per unit and its direct labor cost is $42.22 per unit. The product sells for $118.00 per unit.
[DOC File]Standard Costs and Variance Analysis
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All Material D, except 1,400 units were bought at the standard unit cost. The 1,400 units had a unit cost of P6.15. Valenzuela bought 7,875 units of Material E at standard cost and 875 units at a unit cost of P14. In accordance with the standard two units of Material D and one unit of Material E should be used to make each unit of Product F.
[DOC File]SchoolNet South Africa
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Enter the Unit of Measurement data for the other two products from above Chart 1 in cells . D6. and . D7. Your worksheet should look like the sample below: Calculating Cost per Unit. Divide . Total Price. by the . Volume of Product. to calculate . Cost per Unit. To calculate cost per unit: Select cell . E5. Type = Select cell . B5. Type ...
[DOC File]gar003, Chapter 3 Systems Design: Job-Order Costing
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The unit product cost under variable costing can be determined by subtracting the fixed factory overhead rate per unit from the unit product cost under absorption costing. * …
[DOCX File]6.1 Calculate Total Cost and Per-Unit Cost Given Various ...
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6.1 Calculate Total Cost and Per-Unit Cost For A Given Production Volume. ... as long as both the writer of the formula and the reader have a good understanding of what the symbols x and y represent. Usually this requires that the meaning of the symbols be defined in advance. ... the cost of an accounting department per unit of product, the ...
[DOCX File]Welcome to Washburn University, Topeka, KS
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The product's direct materials cost is $49.81 per unit and its direct labor cost is $12.34 per unit. According to the activity-based costing system, the total costs for this product line is A. $26,725B. $75,951C. $23,736
[DOC File]Chapter 5
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Unit cost computations. Since the variable costs per unit, total fixed costs, and the number of units produced remained unchanged, the unit cost computations also remain unchanged. Absorption costing. The unit product cost is $16. The fixed manufacturing overhead cost released from inventory is $30,000. The net operating income is $230,000.
[DOC File]Pricing Products & Services
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Unit product cost $51.00 Markup--41.64% 21.24 Target selling price $72.24 Use the following to answer questions 50-52: The management of Musselman Corporation would like to set the selling price on a new product using the absorption costing approach to cost-plus pricing.
[DOC File]CHAPTER 13: INTRODUCTION TO PRODUCT COSTING
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Variable cost per unit was $5, standard fixed manufacturing cost per unit was $8, and selling and administrative costs were $425,000. All costs were incurred as budgeted. Income was $175,000 after a favorable volume variance of $100,000. There were no changes in inventory during the year. a. Determine the selling price of a unit of product. b.
[DOC File]SAMPLE COST AND PRICE ANALYSIS WORKSHEET.doc
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Community and Economic Development Programs. Cost and Price Analysis Worksheet. Revised 12/09. Part I Introduction: The following worksheet is provided as a guide to assist communities to determine what appropriate documentation should be obtained to support procurement undertaken as part of the CDBG program in accordance with Federal and State regulations.
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