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Other Fields Homework Help Accounting Topic started by: jhester60 on Jul 29, 2018



Title: Fast Track Auto produces and sells an auto part for $60 per unit. In 2017, 120,000 parts were ...
Post by: jhester60 on Jul 29, 2018
Fast Track Auto produces and sells an auto part for $60 per unit. In 2017, 120,000 parts were produced and 75,000 units were sold. Other information for the year includes:

Direct materials$20 per unit
Direct manufacturing labor$5 per unit
Variable manufacturing costs$3 per unit
Sales commissions$7 per part
Fixed manufacturing costs$760,000 per year
Administrative expenses, all fixed$270,000 per year

What is the inventoriable cost per unit using variable costing?
A) $20
B) $25
C) $28
D) $35


Title: Fast Track Auto produces and sells an auto part for $60 per unit. In 2017, 120,000 parts were ...
Post by: Kstan109 on Jul 29, 2018
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Title: Fast Track Auto produces and sells an auto part for $60 per unit. In 2017, 120,000 parts were ...
Post by: jhester60 on Jul 29, 2018
Good timing, thanks!