Discuss cost data for two levels of monthly sales volume

Assignment Help Accounting Basics
Reference no: EM131802681

Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $159.30 per unit.

Sales volume (units) 6,900   7,900  
Cost of sales $405,720   $464,520  
Selling and administrative costs $558,900   $584,600  

The best estimate of the total variable cost per unit is:

Reference no: EM131802681

Questions Cloud

Prepare a perpetual inventory record for spring garden : Spring Garden Supply, which uses the LIFO nethod, began March with 50 units of inventory that cost $15 each. Prepare a perpetual inventory record
Find units through the store''s new on-line catalog division : During the current period, New Age sold 620 of the units through the store's new on-line catalog division
Research online different companies return policies : Compare and contrast at least two separate businesses and offer your opinion on which company you would prefer to shop at due to the returns policy.
Attitudes and behaviors that created the failure of enron : Discuss what caused the Sarbanes-Oxley Act to come into existence, and evaluate the attitudes and behaviors that created the failure of Enron.
Discuss cost data for two levels of monthly sales volume : Management has provided the following cost data for two levels of monthly sales volume
Political realism focuses on the role of power : Political realism focuses on the role of power in determining how states interact with each other and strive to achieve their national interests.
Difference between organizational chart and chain of command : What is the difference between organizational chart and chain of command?
Define the role that insurance plays : Define the role that insurance plays in the risk portfolio of the new business.
Summarize the scenario in which you identify the key points : Summarize the scenario in which you identify the key points, the stakeholders, setting, and situation.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the value of the hyperdiv stock

Write in the value with two decimal points but no dollar sign or comma, what is the value of the HYPERDIV stock

  How much goodwill should prairie report

If Amie's net identifiable assets had a fair value of $500,000 at July 1, 2012, how much goodwill should Prairie report in its balance sheet

  At the beginning of its 2010 calendar-year accounting

at the beginning of its 2010 calendar-year accounting period abc inc. had retained earning of 1500000. during 2010 abc

  What kind of data would be found in the master

For an accounts receivable system, what kind of data would be found in the master files and transaction files, respectively?

  Using the total cost concept determine the cost per unit

display labs inc recently began production of a new product flat panel displays which required the investment of

  List the various costs pink jeep would incur to offer each

pink jeep tours offer off-road tours to individuals and groups visiting the southwestern u.s. hopspots of sedona

  Gravais company include in inventory

The Gravais Company made two purchases on December 29, 2010. One purchase for $3,000 was shipped FOB destination, and the second for $4,000 was shipped FOB shipping point. Neither purchase had been received on December 31, 2010.

  How the liability should be classified on the balance sheet

The adjustment for accrued fees was omitted at October 31, the end of the current year. Indicate which items will be in error, because of the omission.

  Debited cost of goods sold

Sanger Corporation debited Cost of Goods Sold and credited Manufacturing Overhead at year-end. On the basis of this information, one can conclude that:

  There are two types of current liabilities that must be

there are two types of current liabilities that must be estimated. describe them and explain why they must be

  Boyer corporation shows income tax expense of 60000 there

boyer corporation shows income tax expense of 60000. there has been a 5000 decrease in federal income taxes payable and

  Research this question and provide a response

Determine how Netflix, Inc. got its initial financial start in terms of debt (liabilities) or equity (capital). Support your response.

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