Top Posters
Since Sunday
I
3
p
2
w
2
y
2
J
2
Q
2
r
2
o
2
e
2
j
2
d
2
T
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
StormLrd StormLrd
wrote...
Go to Answer
Posts: 1017
Rep: 0 0
7 years ago
Longview Golf Company sells a special putter for $20 each. In March it sold 28,000 putters while manufacturing 30,000. There was no beginning inventory on March 1. Production information for March was:

Direct manufacturing labour per unit   15 minutes
Fixed selling and administrative costs    $40,000
Fixed manufacturing overhead   $132,000
Direct materials cost per unit   $2
Direct manufacturing labour per hour   $24
Variable manufacturing overhead per unit    $4
Variable selling expenses per unit   $2

Required:
a.   Compute the cost per unit under both absorption and variable costing.
b.   Compute the ending inventories under both absorption and variable costing.
c.   Compute operating income under both absorption and variable costing.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 71 times
1 Reply
Replies
Answer verified by a subject expert
AllopaAllopa
wrote...
#1
Top Poster
Posts: 683
Rep: 7 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 320 words.
1

Related Topics

StormLrd Author
wrote...

7 years ago
Good timing, thanks!
cipcal
wrote...

Yesterday
Helped a lot
lolaww
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1607 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1114
  
 815
  
 85
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Which 'study break' activity do you find most distracting?