Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. acker, inc. has the following cost data for produc

Acker, Inc. has the following cost data for Product X, and unit product cost using...

90.2K

Verified Solution

Question

Accounting

image
image
Acker, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 250 units, 500 units, and 2,500 units. (Click on the icon to view the data.) (Click on the icon to view the unit product cost data) LES Begin by selecting the labels and computing the contribution margin for scenario a. and then compute the contribution margin b. c. Data Tab Variable costing Net Sales Revenue Total Variable Costs 40750 26750 14000 Direct mat Contribution Margin Direct labo Variable m Fixed mane Reference Direct materials Direct labor Variable manufacturing overhead Total unit product cost 250 units 500 units 2,500 units $ 37 $ 37 $ 37 65 55 55 15 15 15 $ 107 $ 107 $ 107 Print Done when production is 250 Product X sells for $163 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Acker: a. Produces and sells 250 units. b. Produces 500 units and sells 250 units. c. Produces 2,500 units and sells 250 units. mpute the contribution margin for scenario b, and c. Data Table Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $37 per unit 55 per unit 15 per unit 5,000 per year - X Print Done anits 37 55 15 107

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A bulldozer’s velocity (in m/s) at a time t is given by v(t)=t^2-t+3. (a)Estimate the displacement of...

Basic Math
Q

Time spent using e-mail per session is normally distributed, with m = 9 minutes and s =...

Basic Math
Q

What is the relationship between the amount of DNA condensation and the level of transcription?

Biology
Q

A sector cut from a uniform disk of radius 12 cm and a uniform rod...

Physics
Q

Solve tan(x)=-?5 on 0?x<2?There are two solutions, A and B, with A

Algebra
Q

The following information pertains to Cullumber Company....

Accounting
Q

Exercise 12-4 The aurrent sections of...

Accounting
Q

HomeLife Life Insurance Company has two...

Accounting
Q

Business Solutions had the following transactions and events in December 2015....

Accounting
Q

El costo de adquisicin de cierta materia prima cambia con frecuencia. El valor en libros...

Accounting
Q

Instructions x Talladega Tire and Rubber Company has capacity to produce 185,500 tires. Talladega presently...

Accounting
Q

Question 1 (25 points]: You are given the income statement and balance sheet of the...

Finance