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Question - Vacation Corporation produces a single product. Data concerning the company's first year of operation appear below:
Units produced 10,000
Units sold 9,000
Selling price per unit P60
DM P15
DL P5
Variable OH P2
Variable selling and administrative P4
Fixed OH P200,000
Fixed selling and administrative P70,000
Required - Compute the difference in net operating income between absorption costing and variable costing for the year.
If the company produces 12,000 units and sells 13,000 units in the second year, how much higher or lower will the variable operating income be compared to the absorption operating income?
Calculate the contribution margin for the company as a whole if the manager decides to buy from Joshua Creek Mill and is able to sell 800 chairs
abby corp. adds raw materials to production at the beginning of the process in the assembly dept. materials data for
Assuming that you would only finance the truck for 4 years, how much would you need to put down to get your payment to $450.00
Complex Job costing information using equivalent units. The Custer Manufacturing Corporation, which uses a job order cost system, produces various plastic parts for the aircraft industry.
Assuming Atlas Food inventories Morefeed, the by-product, the joint cost to be allocated to Alfa, using physical quantity method (pounds) is?
Transferred 9, 000 units, What are the equivalent units of production (conversion) for the month of May, 2011 under average method?
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Find total sales revenue, selling price, and rate of return on investment, and markup percentage on full cost for this produce
What are possible reasons for the variances. How might the company improve its cost control
Burns produced 8,000 units and sold 6,000 units. Determine the manufacturing cost per unit under (a) absorption costing and (b) variable costing.
Brown's factory has three production, Calculate the total cost and quotation price for job#2020 where a profit margin of 30% on selling price is applied.
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