Question

33. At dwight inc. total fixed and variable costs are 430,000 at a production level of 12,000 units. The company has a total fixed costs of 225,000. the fixed cost per unit at a production level of 170000 unit is.

34. In the process costing method, when multiple production steps are required, the five step process costing procedure must be completed in each production department. T/F

27. Madden enterprises sells two products, silver models and gold models. Madden enterprises predicts that it will sell 5700 silver models and 3600 gold models in thenext period. The unit contribution margins for silver models and gold models are 70 and 130. What is the weighted average unit contribution margin?

Answer 1

1
	Total fixed cost	225000
	Production level	170000
	Fixed cost per unit	1.32	(225000/170000)
2	Each production department requires five steps
	Process costing method statement is true
3		Silver	Gold	Total
	Sales	5700	3600	9300
	Contribution margin	70	130
	Total contribution	399000	468000	867000
	Weighted Average contribution			93.23