1.

Number of units produced 16,900

Variable costs per unit:

Direct materials\$157

Direct labor\$79

Fixed costs:

The company had no beginning or ending inventories.

Required:

a. Compute the unit product cost under absorption costing?

b. Compute the unit product cost under variable costing?

2.Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price\$102

Units in beginning inventory 0

Units produced 4,200

Units sold 3,570

Units in ending inventory 630

Variable costs per unit:

Direct materials\$19

Direct labor\$41

The total contribution margin for the month under variable costing is:

A.110670 B.56470 C.59570 D.124950

3.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price\$176

Units in beginning inventory 0

Units produced 12,900

Units sold 12,500

Units in ending inventory 400

Variable costs per unit:

Direct materials\$54

Direct labor\$48

Fixed costs:

1. What is the total period cost for the month under variable costing?

A.737800 B.325000 C.412800 D.637800

4.A company produces a single product. Variable production costs are \$13.10 per unit and variable selling and administrative expenses are \$4.10 per unit. Fixed manufacturing overhead totals \$47,000 and fixed selling and administration expenses total \$51,000. Assuming a beginning inventory of zero, production of 5,100 units and sales of 4,150 units, the dollar value of the ending inventory under variable costing would be:

Multiple Choice

A\$8,550

B\$16,340

C\$12,445

D\$20,995