Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
Units produced
510
units
Sales price
?$150
per unit
Direct materials
?$16
per unit
Direct labor
?$10
per unit
Variable manufacturing overhead
?$10
per unit
Fixed manufacturing overhead
?$16,000
per year
Variable selling and administrative costs
?$9
per unit
Fixed selling and administrative costs
?$10,500
per year
What is the operating income using absorption costing if 500 units are? sold? (Round any intermediate calculations to the nearest? cent, and your final answer to the nearest? dollar.)
A.?$27,500
B.?$38,315
C.?$26,315
D.?$31,641
Answers: 1
Business, 22.06.2019 07:10
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.
Answers: 3
Business, 22.06.2019 20:20
You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
Business, 22.06.2019 21:50
By which distribution system is more than 90 percent of u.s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above
Answers: 1
Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
...
...
Health, 09.12.2020 21:20
Health, 09.12.2020 21:20
Mathematics, 09.12.2020 21:20
Chemistry, 09.12.2020 21:20
Mathematics, 09.12.2020 21:20
Mathematics, 09.12.2020 21:20
Mathematics, 09.12.2020 21:20
Mathematics, 09.12.2020 21:30