Dattilio Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cost per unit: Direct materials$85?Fixed costs per year: Direct labor$1,064,800?Fixed manufacturing overhead$1,597,200?Fixed selling and administrative expenses$1,027,400?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 48,400 units and sold 46,700 units. The company's only product is sold for $280 per unit.Required:a. Assume the company uses super-variable costing. Compute the unit product cost for the year.Unit product cost?b. Assume the company uses super-variable costing. Prepare an income statement
for the year. Dattilio CorporationSuper-variable costing income statement????????9,106,500?Fixed expenses:?????????????3,689,400?Net operating income?$5,417,100?
What will be an ideal response?
a.
Unit product cost | $85? |
Dattilio Corporation |
Super-variable costing income statement |
Sales | ? | $13,076,000? |
Variable cost of goods sold | ? | 3,969,500? |
Contribution margin | ? | 9,106,500? |
Fixed expenses: | ? | ? |
Direct labor | 1,064,800? | ? |
Fixed manufacturing costs | 1,597,200? | ? |
Fixed selling and administrative expenses | 1,027,400? | ? |
? | ? | 3,689,400? |
Net operating income | ? | $5,417,100? |
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Describe the concept of QWL.
What will be an ideal response?
The second principle of Deming management is __________
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