A company reports the following information for its first year of operations:
$$\begin{array} { l l }
\text { Units produced this year } & 43,000 \text { units } \
\text { Units sold this year } & 39,000 \text { units } \
\text { Direct materials } & \$ 0.57 \text { per unit } \
\text { Direct labor } & \$ 0.83 \text { per unit } \
\text { Variable overhead } & \$ 26,660 \text { in total } \
\text { Fixed overhead } & ? \text { in total }
\end{array}$$
If the company's cost per unit of finished goods using variable costing is $2.02,what is the amount of total fixed overhead?
A) $26,660
B) $35,690
C) $24,510
D) Some other amount
E) Cannot be determined from the given data.

Question

A company reports the following information for its first year of operations:
$$\begin{array} { l l } 
\text { Units produced this year } & 43,000 \text { units } \
\text { Units sold this year } & 39,000 \text { units } \
\text { Direct materials } & \$ 0.57 \text { per unit } \
\text { Direct labor } & \$ 0.83 \text { per unit } \
\text { Variable overhead } & \$ 26,660 \text { in total } \
\text { Fixed overhead } & ? \text { in total }
\end{array}$$
If the company's cost per unit of finished goods using variable costing is $2.02,what is the amount of total fixed overhead?
A) $26,660
B) $35,690
C) $24,510
D) Some other amount
E) Cannot be determined from the given data.

Quizplus · Accepted Answer

The Answer of A company reports the following information for its first year of operations:
$$\begin{array} { l l } 
\text { Units produced this year } & 43,000 \text { units } \
\text { Units sold this year } & 39,000 \text { units } \
\text { Direct materials } & \$ 0.57 \text { per unit } \
\text { Direct labor } & \$ 0.83 \text { per unit } \
\text { Variable overhead } & \$ 26,660 \text { in total } \
\text { Fixed overhead } & ? \text { in total }
\end{array}$$
If the company's cost per unit of finished goods using variable costing is $2.02,what is the amount of total fixed overhead?
A) $26,660
B) $35,690
C) $24,510
D) Some other amount
E) Cannot be determined from the given data.

A Company Reports the Following Information for Its First Year