Shelby Enterprises, LLC has the following costs for product Z:Type of CostAmountUnitDirect Materials$43per unitDirect Labor$61per unitVariable manufacturing overhead$7per unitFixed manufacturing overhead$4,800per year 1. Calculate the unit product cost using absorption costing when production is 250 units, 500 units, 2,500 units. Round your answer to the nearest cent. # of UnitsDirect MaterialsDirect LaborVariable manufacturing overheadFixed manufacturing overheadTotal Product Cost per Unit# of UnitsDirect Materials2. Calculate the unit product cost using variable costing when production is 250 units, 500 units, 2,500units. Round your answer to the nearest cent.Direct Labor250Variable manufacturing overheadTotal Product Cost per Unit25050050025002500

Name: Shelby Enterprises, LLC has the following costs for product Z:Type of
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Description: Shelby Enterprises, LLC has the following costs for product Z:Type of CostAmountUnitDirect Materials$43per unitDirect Labor$61per unitVariable manufacturing overhead$7per unitFixed manufacturing overhead$4,800per year 1. Calculate the unit product co

The income statement can be prepared using various methods as variable and absorption costing. Using…

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Shelby Enterprises, LLC has the following costs for product Z: Type of Cost Amount Unit Direct Materials $43 per unit Direct Labor $61 per unit Variable manufacturing overhead $7 per unit Fixed manufacturing overhead $4,800 per year 1. Calculate the unit product cost using absorption costing when production is 250 units, 500 units, 2,500 units. Round your answer to the nearest cent.

Shelby Enterprises, LLC has the following costs for product Z: Type of Cost Amount Unit Direct Materials $43 per unit Direct Labor $61 per unit Variable manufacturing overhead $7 per unit Fixed manufacturing overhead $4,800 per year 1. Calculate the unit product cost using absorption costing when production is 250 units, 500 units, 2,500 units. Round your answer to the nearest cent.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....

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Type of Cost	Amount	Unit
Direct Materials	$43	per unit
Direct Labor	$61	per unit
Variable manufacturing overhead	$7	per unit
Fixed manufacturing overhead	$4,800	per year

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