Thomlin Company forecasts that total manufacturing overhead…

Thomlin Company forecasts that total manufacturing overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to date, the actual manufacturing overhead is $16,000,000, and the actual machine hours are 330,000 hours. The predetermined overhead rate based on machine hours is

If variable manufacturing costs are $15 per unit and total f…

If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if: ​ a. 20,000 units are manufactured and the company uses the variable costing concept? ​ b. 25,000 units are manufactured and the company uses the variable costing concept? ​ c. 20,000 units are manufactured and the company uses the absorption costing concept? ​ d. 25,000 units are manufactured and the company uses the absorption costing concept?

A business operated at 100% of capacity during its first mon…

A business operated at 100% of capacity during its first month, with the following results: Sales (160 units)   $160,000 Production costs (200 units):       Direct materials $100,000     Direct labor 20,000     Variable manufacturing overhead 10,000     Fixed manufacturing overhead       4,000 134,000       Operating expenses:       Variable operating expenses $  12,000     Fixed operating expenses       2,000 14,000 ​ The amount of manufacturing margin that would be reported on the variable costing income statement is