"Unile Auto produces and sells an auto part for $60.00 per unit. In 2015, 100,000 parts were produced and 75,000 units were sold. Other information for the year includes:

Direct materials $20.00 per unit
Direct labor $ 4.00 per unit
Variable overhead costs $ 1.00 per unit
Sales commissions $ 6.00 per part
Fixed overhead costs $ 750,000 per year
Administrative expenses, all fixed $ 270,000 per year"

What is the inventoriable cost per unit using variable costing?

A. $20.00
B. $24.00
C, $25.00
D. $31.00

What is the inventoriable cost per unit using absorption costing?

A. $25.00
B. $31.00
C. $32.50
D. $38.50

Double corporation acquired all of the common stock of simple company for

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)

E11-2 (multiple choice) identify the best answer for each of the following: which of the following statements about internal service fund liabilities is false? internal service funds may report both current and long-term liabilities. internal service funds may not issue bonds for financing purposes. internal service funds may report contingent liabilities. due to other funds would be reported as a current liability