Home Plate Corporation manufactures baseball uniforms and uses budgeted​ machine-hours to allocate variable manufacturing overhead. The following information pertains to the​ company's manufacturing overhead​ data: Budgeted output units ​7,000 units Budgeted​ machine-hours ​19,000 hours Budgeted variable manufacturing overhead costs for​ 7,000 units ​$119,000 Actual output units produced ​6,000 units Actual​ machine-hours used ​18,000 hours Actual variable manufacturing overhead costs ​$108,000 What is the budgeted variable overhead cost rate per output​ unit?

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.