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Gonzaga University Operations And Supply Chain Management Assignment Help - Compute production


Question - Home Base, Inc. reports the following production cost information:
Units produced 97,000 units
Units sold 92,000 units
Direct labor $17.00 per unit
Direct materials $34.00 per unit
Variable overhead $2,522
Fixed overhead $1,940
Required:
a) Compute production cost per unit under variable costing.
b) Compute production cost per unit under absorption costing.
c) Determine the cost of ending inventory using variable costing.
d) Determine the cost of ending inventory using absorption costing.

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