Enusah Motors Limited assembles and sells motor vehicles. It uses an actual costing system, in which unit costs are calculated on a monthly basis. The selling price per motor vehicle is ¢44,000. Data relating to January, February and March of 2020 are: January February March Unit data: Production (units) 1000 1000 900 Sales (units) 900 1040 940 100 60 20 Variable-cost data: Manufacturing costs per unit produced ¢16,000 ¢16,000 ¢16,000 Selling and Admin costs per unit sold 8,000 8,000 8,000 Fixed-cost data Manufacturing costs ¢2,400,000 ¢2,400,000 ¢2,400,000 Selling and Admin costs ¢1,600,000 ¢1,600,000 ¢1,600,000 Required: Compute the product cost per unit under both variable and absorption costing methods Present income statements for Enusah Motors in January, February and March of 2020 under Variable costing Absorption costing. Reconcile and explain the differences in operating profits under both costing methods
Answers: 1
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
Business, 22.06.2019 09:50
Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
Answers: 1
Business, 22.06.2019 11:10
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
Business, 22.06.2019 18:00
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
Enusah Motors Limited assembles and sells motor vehicles. It uses an actual costing system, in which...
Health, 08.09.2021 01:00
Mathematics, 08.09.2021 01:00
English, 08.09.2021 01:00
Business, 08.09.2021 01:00
English, 08.09.2021 01:00
Biology, 08.09.2021 01:00
Mathematics, 08.09.2021 01:00
Mathematics, 08.09.2021 01:00
Chemistry, 08.09.2021 01:00