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Variable and Absorption Costing (15 points) - Porta Light manufactures a high-quality LED light for home/office use. Dat

Posted: Thu May 05, 2022 5:43 am
by answerhappygod
Variable And Absorption Costing 15 Points Porta Light Manufactures A High Quality Led Light For Home Office Use Dat 1
Variable And Absorption Costing 15 Points Porta Light Manufactures A High Quality Led Light For Home Office Use Dat 1 (90.08 KiB) Viewed 37 times
Variable and Absorption Costing (15 points) - Porta Light manufactures a high-quality LED light for home/office use. Data pertaining to the company's operations for the year are as follows: DATA NUMBER → PRODUCTION FOR YEAR 50,000€ BUDGET FOR THE YEAR units units 48,000+ SALES FOR THE YEAR 45,000€ Units COSTS TO PRODUCE ONE UNIT DIRECT MATERIALS $3.60€ Per unite DIRECT LABOR 1.00€ Per unit VARIABLE OVERHEAD .60€ Per unite FIXED OVERHEAD 220,000€ Per year SELLING AND ADMINISTRATIVE EXPENSES VARIABLE 10% FIXED Of selling price Per year $150,000€ 2 SELLING PRICE $16 Per unit Answer questions in Blackboard The company uses standard costing and there are no price, efficiency, or spending variances.< Question Answer 9. What is the cost per unit under Throughput costing? 10. What is the cost per unit under Absorption costing? 11. What is the operating income under Absorption costing? 12. What is the volume variance under variable costing?<¹ 13. What is the volume variance under absorption costing? 14. Is the volume variance under absorption costing favorable or unfavorable? 15. What is operating income under variable costing? 16. What is adjusted cost of goods sold in absorption costing? 777 46 Ef 46