Amarantha Corp Calculate the Unit Product Cost Using Absorption Costing and Variable

question 72

Essay

Amarantha Corp.has provided the following data for the current year.
$$\begin{array} { | l | r | } \hline \text { Units produced } & 2,500 \text { units } \\\hline \text { Sales price } & \$ 200 \text { per unit } \\\hline \text { Direct materials } & \$ 75 \text { per unit } \\\hline \text { Direct labor } & \$ 65 \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 25 \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 225,000 \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 30 \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 150,000 \text { per year } \\\hline\end{array}$$ Calculate the unit product cost using absorption costing and variable costing.

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Definitions:

Symbolic Interactionist

A sociological perspective focusing on the ways in which individuals interact with one another through symbols, language, and shared meanings.

Feminist Approaches

Theories and methodologies that analyze and advocate for women's rights, gender equality, and the deconstruction of gender roles and discrimination.

Social Institution

An organized pattern of beliefs and behaviors centered on basic social needs, such as the family, education, government, religion, and the economy.

Freedom Versus Constraint

The balance or tension between the liberty to act independently and the restrictions imposed by societal norms, laws, or other factors.