Dallavalle corporation manufactures and sells one product. the following information pertains to the company’s first year of operations: variable costs per unit: direct materials $ 93 fixed costs per year: direct labor $ 320,000 fixed manufacturing overhead $ 2,144,000 fixed selling and administrative expenses $ 1,364,000 the company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. during its first year of operations, the company produced 32,000 units and sold 31,000 units. the company’s only product is sold for $238 per unit. assume that the company uses a variable costing system that assigns $10 of direct labor cost to each unit that is produced. the unit product cost under this costing system is:

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs