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Double Eagle Corporation produces the prestigious "Double Eagle" Golf ball in one department using a process costing system. At the beginning of January, 10,000 golf balls were in work-in-process. During January, 20,000 more golf balls were started. The ending work-in-process included 6,000 balls which were 100 percent completed for direct materials, 75 percent completed for direct labor, and 75 percent completed for overhead.
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∙ 13y ago
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How do you calculate variable cost per unit?
Variable cost per unit = Total variable cost / total number of units manufactured
What is sales price per unit less total variable cost per unit?
Formula for Contribution margin is as follows: Contribution margin = Sales price - variable cost So as you can see from above formula that sales price per unit minus variable cost per unit is contribution margin per unit
How to calculate total variable cost per unit?
Easiest way: Total costs per unit - fixed costs per unit = variable cost per unit. Also recatting into accounting.
What data is used to calculate the break even point?
Following data is required to calculate break even point: 1 - Sales revenue or sales price per unit 2 - variable cost per unit 3 - fixed cost
How to compute the cost per unit for direct materials and for conversion costs?
The unit cost for direct materials is computed by adding the materials cost in the beginning work in process inventory to the materials cost for the month divided by the total equivalent production figure.Conversion cost per unit is computed by adding direct labor and factory overhead divided by the total equivalent production figure.
What are the unit cost formula?
Measurement
How do you calculate variable cost per unit?
Variable cost per unit = Total variable cost / total number of units manufactured
How do you calculate breakeven analysis?
Fixed cost / (selling price - Variable cost per unit) --> Fixed cost ----------------------------------------------- (Selling Price - Variable Cost Per Unit)
How do you calculate unit selling price when total sales revenue is 400000 total fixed cost is 76000 unit variable cost is 15 and contribution margin ratio is 40?
hey there, how do you calculate the unit selling price please? x
How do you calculate unit cost as you increase production?
Increase in cost: take the first derivative with respect to the unit produced of a cost function. Total cost: sub-in the new quantity into the cost function.
What is sales price per unit less total variable cost per unit?
Formula for Contribution margin is as follows: Contribution margin = Sales price - variable cost So as you can see from above formula that sales price per unit minus variable cost per unit is contribution margin per unit
Formula for total variable cost?
Total Variable Cost = Number of Units * Variable cost per unit
How do you calculate total vaiable cost per unit?
Total Variable Cost divided by Quantity of Output
When designing a costing system it is easiest to calculate total cost first and then per unit cost?
b
How to calculate total variable cost per unit?
Easiest way: Total costs per unit - fixed costs per unit = variable cost per unit. Also recatting into accounting.
what the total cost formula?
Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
What is the total cost formula?
Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
