If the budgeted output quantity is 450 units and budgeted fixed overhead cost is $250, the budgeted fixed overhead per output unit is __________?
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Answer: B. $112,500
Explanation
Budgeted fixed overhead per output unit is derived from fixed overhead budgets and output quantities.
- Subject
- Accounting and Finance
- Category
- Accounting
- Topic
- —
- Difficulty
- medium
Related questions
Q1. If the contribution margin of a bundle is $45000 and the bundle's revenue is $15000, the contribution margin percentage for the bundle is ___________?
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Answer: B. 3%
Contribution margin percentage for a bundle is calculated by dividing the bundle's contribution margin by its revenue.
Q2. If the unit contribution margin is $40 and the selling price is $200, the contribution margin percentage is ____________?
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Answer: A. 20%
Dividing the unit contribution margin of forty dollars by the selling price of two hundred dollars produces twenty percent. This proportion shows the portion of each sales dollar available to cover fixed costs. The contr...
Q3. If the total contribution margin is $15000 for 500 units sold, the contribution margin per unit is ___________?
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Answer: B. $30 per unit
Dividing the total contribution margin of fifteen thousand dollars by five hundred units sold equals thirty dollars per unit. This figure represents the incremental profit generated by selling one additional item. Unit c...
Q4. If the contribution margin is $13000 and total variable cost is $7000, the total revenue is _____________?
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Answer: C. $20,000
Contribution margin is revenue minus total variable cost, so revenue is the contribution margin plus the variable cost. Adding $13,000 and $7,000 gives total revenue of $20,000. Rearranging this identity is how a cost ac...
Q5. When coefficients remain consistent across two accounting periods, a single cost relationship is estimated using ___________?
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Answer: C. pool of data
Consistent accounting coefficients across periods require a pooled data set. Pooling data combines observations to estimate a single reliable cost relationship. This approach enhances the statistical accuracy of cost est...
Q6. If the change in variable costing operating income is $18000 and the unit contribution margin is $9000, the change in units sold is __________?
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Answer: A. $2 per unit
The change in units sold is derived from operating income changes and unit contribution margins.