Calculate the full costing operating income

Assignment Help Accounting Basics
Reference no: EM132468496

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 6,400 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:

                                               2018                               2019

Units sold                                    4,200                     6,600

Costs:

Variable factory overhead per unit $0.55                       $0.65

Fixed factory overhead                 $2,752                    $2,880

Variable marketing per unit             $0.75                     $1.00

Fixed Selling and Administrative       $650                       $650

Question 1: Full costing operating income for 2018 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)

Reference no: EM132468496

Questions Cloud

Prepare Bramble cash flows from operating activities : Required - Prepare Bramble's cash flows from operating activities section of the statement of cash flows using the direct method
Calculate the sales for 2019 for cyrus inc : Calculate the sales for 2019 for Cyrus Inc. planned and manufactured 475,000 units of its single product in 2019, its first year of operations
Growth share matrix for smartphone : Market growth is above 10% where will you plot Apple & Xiaomi in a growth share matrix for smartphone.
Improve the negative service : What could you do to improve the negative service? If you were a competitor, how could you attack the positive service?
Calculate the full costing operating income : Full costing operating income for 2018 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)
How price actually charged : Take one private enterprise (organization) from your locality, which is established currently (new business) and assess the way how price actually charged
What is the impact of including inspection operations : What is the impact of including inspection operations between manufacturing processing when determining scrap estimates?
Identifying the customer and problem : Describe a primary decision maker in your target segment: who they are, what they like, how they make buying decisions. Describe the primary problem
Describe the roles that medicare and medicaid play : How does the Older Americans Act differ from Social Security and Medicare (for the elderly) in terms of purpose, funding, eligibility, and benefit/service

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which approach to pricing should stenback builders emphasize

Bathrooms and kitchens are typically the most important selling features of a home. Stenback Builders could differentiate the homes by upgrading the bathrooms and kitchens.

  Betty incurs the following transaction during the current

betty incurs the following transaction during the current year. without considering the transaction her 2012 agi is

  What processes are indispensable to be performed

Develop business requirements. - What processes are indispensable to be performed? - What outcomes are required from these processes to achieve business objectives?

  What liability should larkins report on its december

This lease contract does not meet any of the four criteria for a capital lease. What liability should Larkins report on its December 31, Year One balance sheet

  Prepare the adjusting entries to report each class

The available for sale securities are held as a long term investment. Prepare the adjusting entries to report each class of securities at fair value

  Make an condensed cost of goods manufactured schedule

At May 31, 2017, the accounts of Kuhlmann Manufacturing Company show the following. Make an condensed cost of goods manufactured schedule

  How much value to the unlevered firm per dollar of debt

How much value to the unlevered firm per dollar of debt? What would the cost of equity be if the debt-to-equity ratio were 0? How much value to the unlevered firm per dollar of debt?  Holden Bicycles has 2,000 shares outstanding each with a par value..

  For each of the following cases determine the ending balance

For each of the following cases determine the ending balance in the inventory account.

  Calculate the retained earnings balance of december

Question - From the data given below, calculate the Retained Earnings balance of December 31, 2010. Retained Earnings, December 31, 2009 - $230,000

  What is the balance in accumulated depreciation

Mousey Company purchased a depreciable asset for $1,000,000 on May 1, 2005. What is the balance in accumulated depreciation on when the asset is sold

  Explain the differences among valuation depreciation

what are the differences among valuation depreciation amortization and depletion?is it appropriate to calculate

  How much is the budgeted balance for accounts payable

Cost of goods sold is 35% of sales. How much is the budgeted balance for Accounts Payable at October 31, 2013

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