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Sagot :
Answer:
Calculation of Cost of goods sold
Opening Inventory = 1250 units*$111 = $138,750
Production cost = 9150 units*$111 = $1,015,650
Less : Closing Inventory = 1150 units*$111 = $127,650
Cost of Goods sold $1,026,750
Calculation of Unit cost
Direct Materials 35
Direct Labor 52
Variable manufacturing overheads 16
Fixed manufacturing overheads 8
Total Unit Cost 11
Particulars Amount
Sales $1,452,250
Less: Cost of goods sold $1,026,750
Gross Profit $425,500
Less: Selling & admin. exp
Variable -$240,500
Fixed -$166,000 $406,500
Net Operating Income $19,000
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