Absorption costing total operating income

Assignment Help Accounting Basics
Reference no: EM13131631

Last year, Gransky Corporation's variable costing net operating income was $52,100 and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7 per unit. What was the absorption costing net operating income last year?

Reference no: EM13131631

Questions Cloud

Find the probability distribution for x : Parole board is examing five prisoners up for parole. let x= number of prisoners out of 5 on parole who become offenders. Find the probability distribution for x.
What volume of water must be added : A 10.3 mL sample of a HCl solution has a pH of 2.000. What volume of water must be added to change the pH to 4.000?
Explain phenol and straight chain alcohol : Phenol and straight chain alcohol, The compound C6H5OH is a phelol, and C6H13OH is a straight chain alcohol.
George and william phelps are considering : George and William Phelps are considering a 6 year project that would require a cash outlay of $80,000 for equipment and an additional $20,000 for working capital that would be released at the end of the project.
Absorption costing total operating income : Last year, Gransky Corporation's variable costing net operating income was $52,100 and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7 per unit. What was the absorption costing net operating income last year?
Economic development strategy : Jamaica is the 4th largest island nation of the Greater Antilles.It is situated in the Caribbean Sea south of Cuba, and west of Hispaniola, the island containing the nation-states of Haiti and the Dominican Republic. Jamaica is the 5th largest isl..
What is the volume % of so2 in air sample : An environmental engineer analyzes a sample of air contaminated with sulfur dioxide. To a 500. mL sample of air at 700. torr and 38°C, she adds 20.00 mL of 0.01017 M aqueous iodine, which reacts as follows:
Explain description of balanced equations : Description of Balanced equations, Identify the steps involved in the formation of these compounds. Show the removal of water and the reactant.
Find probability to see a sample mean greater than x bar : Suppose you take a random sample of 15 bearings and compute xbar = 8.2535. What is the probability that you will see a sample mean greater than xbar?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd