Business, 15.10.2019 23:10 mechelllcross

Maffei company, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 175units in beginning inventory 0units produced 9,500units sold 8,000units in ending inventory 1,500variable costs per unit: direct materials $ 55direct labor $ 38variable manufacturing overhead $ 2variable selling and admin $ 10fixed costs: fixed manufacturing overhead $ 300,000fixed selling and admin $ 125,000required: a. what is the unit product cost for the month under variable costing? b. what is the unit product cost for the month under absorption costing? c. prepare an income statement for the month using the variable costing method. d. prepare an income statement for the month using the absorption costing method.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:30

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Answers: 1

Answer

Business, 22.06.2019 08:30

Blank is the internal operation that arranges information resources to support business performance and outcomes

Answers: 2

Answer

Business, 22.06.2019 13:30

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

Answers: 3

Answer

Business, 22.06.2019 14:20

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

Answers: 1

Answer

You know the right answer?

Maffei company, which has only one product, has provided the following data concerning its most rece...

Questions