Computing the operating income under variable costing and

Assignment Help Financial Accounting

Computing the operating income under variable costing and absorption costing method.

Below is presented information regarding the production process of a Manufacturing Co. for a two month period.

	Month 1	Month 2
Beginning inventory in units	0	200
Units Produced	1,000	1,000
Units Sold	800	1,200
Sales	$200,000	$240,000
Material Costs	$50,000	$50,000
Variable Conversion costs used	$20,000	$20,000
Indirect Conversion costs	$7,800	$7,800
Indirect Operating costs	$20,000	$20,000

Required:

Evaluate the operating income under variable costing and absorption costing for each month.

From the data given compute the break even pointpenury : from the data given compute the break even point.penury company offers two products. at present the following

Calculation of overhead cost per unit total overhead : calculation of overhead cost per unit total overhead allocated to each product using traditional costing system and abc

Computing cost of usagenbsp per customer using the data : computing cost of usagenbsp per customer using the data given.calumet inc is investigating its phone ordering costs and

Computing the revenue and cost of two clients using the : computing the revenue and cost of two clients using the data given.ryan brooks architecture does custom architectural

Computing the operating income under variable costing and : computing the operating income under variable costing and absorption costing method.below is presented information

Evaluation of standard cost per unitmushin company has : evaluation of standard cost per unit.mushin company has gathered the information shown below about its product.direct

Assignment of costs to transferred out units and ending : assignment of costs to transferred out units and ending work in process given beginning of process and period

Computation of unit costs for materials and conversion : computation of unit costs for materials and conversion costs based on equivalent units of production given production