Triton Industries reports the following information regarding its production cost:
$\begin{array}{ll}
\text { Units produced } & 77,000 \text { units } \
\text { Direct labor } & \$ 27 \text { per unit } \
\text { Direct materials } & \$ 12 \text { per unit } \
\text { Variable overhead } & \$ 2,541,000 \text { in total } \
\text { Fixed overhead } & \$ 3,311,000 \text { in total }
\end{array}$

a.Compute production cost per unit under variable costing.
b.Compute production cost per unit under absorption costing.

Question

Triton Industries reports the following information regarding its production cost:
 $\begin{array}{ll}
\text { Units produced } & 77,000 \text { units } \
\text { Direct labor } & \$ 27 \text { per unit } \
\text { Direct materials } & \$ 12 \text { per unit } \
\text { Variable overhead } & \$ 2,541,000 \text { in total } \
\text { Fixed overhead } & \$ 3,311,000 \text { in total }
\end{array}$
 
a.Compute production cost per unit under variable costing.
b.Compute production cost per unit under absorption costing.

Quizplus · Accepted Answer

The Answer of Triton Industries reports the following information regarding its production cost:
 $\begin{array}{ll}
\text { Units produced } & 77,000 \text { units } \
\text { Direct labor } & \$ 27 \text { per unit } \
\text { Direct materials } & \$ 12 \text { per unit } \
\text { Variable overhead } & \$ 2,541,000 \text { in total } \
\text { Fixed overhead } & \$ 3,311,000 \text { in total }
\end{array}$
 
a.Compute production cost per unit under variable costing.
b.Compute production cost per unit under absorption costing.

Triton Industries Reports the Following Information Regarding Its Production Cost