Kaycom, Inc. reports the following information:
Units produced 510 units
Units sold 510 units
Sales price $160 per unit
Direct materials $30 per unit
Direct labor $35 per unit
Variable manufacturing overhead $20 per unit
Fixed manufacturing overhead $17,000 per year
Variable selling and administrative costs $10 per unit
Fixed selling and administrative costs $15,000 per year
What is the amount of unit product cost that will be considered for external reporting purposes? (Round any intermediate calculations and your final answer to the nearest cent.)
A.$118.33
B.$68.33
C.$98.33
D.$95.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Kaycom, Inc. reports the following information: Units produced 510 units Units sold 510 units Sales price $160 per unit Direct materials ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the overriding goal of a customer relationship management system? a. to provide greater product options b. to enhance the bond with the customer c. to provide enhanced services to customers d.
Answers (1)
Which of the following should be included in the acquisition cost of a piece of equipment? a. transportation costs b. installation costs c. testing costs prior to placing the equipment into production d. all are correct
Answers (1)
Once the marketing communication has captured the interest of its target market, the goal of subsequent imc messages should be to move the consumer from
Answers (1)
Allowing many producers to convene in a central location is known as which of the following?
Answers (1)
Kennedy, Inc. reported the following dа ta: Net income $179,562 Depreciation expense 15,511 Loss on disposal of equipment 11,046 Gain on sale of building 21,801 Increase in accounts receivable 8,734 Decrease in accounts payable 3,109 Required:
Answers (1)
New Questions in Business
Group Sky Corporation has 6.5 percent coupon bonds on the market with 15 years to maturity. The bonds make semiannual payments and currently sell for 102 percent of par. What is the current yield
Answers (1)
Digby has a roe of 0.24 (roe = net income/equity). that means:
Answers (1)
If a bank depositor withdraws $1000 of currency from an account, what happens to bank reserves, checkable deposits, and the monetary base? Assume that the required reserve ratio on checkable deposits is 10% and banks do not hold any excess reserves.
Answers (1)
During the Great Depression, consumer spending was higher than ever in history. Question 10 options: True False
Answers (2)
A property is being appraised by the cost approach. The appraiser estimates that the land is worth $17,000 and the replacement cost of the improvements is $235,000. Total depreciation from all causes is $23,000.
Answers (1)