During the year just ended kerry companys income under

Assignment Help Cost Accounting
Reference no: EM13370301

During the year just ended, Kerry Company's income under absorption costing was $3,000 lower than its income under variable costing. The company sold 9,000 units through the year, and its variable costs were $9 per unit, of which $3 was variable selling expense. If production cost is $11 per unit under absorption costing each year, then how many units did the company produce through the year?

Need calculations with answer

Reference no: EM13370301

Questions Cloud

The objective of the course project is to examine the : the objective of the course project is to examine the financial statements of a publicly traded company.get an annual
Tavorn corporation applies manufacturing overhead to : tavorn corporation applies manufacturing overhead to products on the sources of standard machine-hours. the companys
Last year brinkman company had 20000 units in its ending : last year brinkman company had 20000 units in its ending inventory. in this current year brinkmans variable production
At end of last year gean company had 30000 units in its : at end of last year gean company had 30000 units in its ending inventory. geans variable production costs are 10 per
During the year just ended kerry companys income under : during the year just ended kerry companys income under absorption costing was 3000 lower than its income under variable
Create journal entries to record the issuance of 100000 : create journal entries to record the issuance of 100000 shares of common stock at 20 per share for each of the
You are discussing your 401k with dan ervin when he : you are discussing your 401k with dan ervin when he mentions that sarah brown a representative from bledsoe financial
The president of houston electronics was satisfied with the : the president of houston electronics was satisfied with the companys new product the he versatile cvd. the product is
An ethical dilemma is a situation in which a person must : an ethical dilemma is a situation in which a person must select whether an action although it may benefit the

Reviews

Write a Review

Cost Accounting Questions & Answers

  Why the company incurs variable manufacturing costs

Inman Manufacturing Company makes a product that it sells for $60 per unit. The company incurs variable manufacturing costs of $31 per unit. Variable selling expenses are $5 per unit, annual fixed manufacturing costs are $191,000, and fixed sellin..

  Consider costs that were incurred during the current year

Evaluate each of the preceding and determine whether the cost is (a) a product cost or a period cost, (b) variable or fixed in terms of behavior, and (c) for the product costs only, whether the cost is properly classified as direct material, direc..

  How many pounds of material does manzoni plan

How many pounds of material does Manzoni plan to purchase in July and what is the budgeted August 31 finished goods inventory balance (in dollars)?

  Calculate the total manufacturing costs

Calculate the total manufacturing costs and the cost per unit of the windows produced during the month of March (using the activity-based costing approach).

  On 31st december 2010 the south padre company had a

on 31st december 2010 the south padre company had a deferred tax liability balance of 8100 starting from an excess of

  Use to provide system documentation

Andrew is considering the method he will use to provide system documentation. Andrew has in the past provided User Manuals in hardcopy documents and he has also written them so they are integrated as part of the system (online).

  Importance of each ratio and how it relates to panera bread

Profitability Ratios-profit margin, asset turnover, return on assets, debt-to-equity ratio, return on equity and long-term Solvency Ratios-debt-to-equity ratio, debt to total assets, times interest earned, cash debt coverage

  Make a job order cost sheet for the 100 widgets

The Talbott Company has received an order (#324) for 100 widgets - Make a job order cost sheet for the 100 widgets

  Find how much will nunnally report as accounts payable

The accounts payable account is used only for direct materials. Find How much will Nunnally report as accounts payable on their balance sheet at the end of May?

  Q1 the reluctance of managers to lay off employees

q1. the reluctance of managers to lay off employees when activity declines in the short-run leads to an increase

  Q1nbspmanufacturing overhead is allocated to products based

q1.nbspmanufacturing overhead is allocated to products based on the number of machine hours required. in a year when

  Compute net present value of both projects

Big Shot Market is considering two investment projects: Project A Project B Initial Cost 250,000 200,000 Number of Periods 5 5 Yearly Net Cash Flow 75,000 60,000 Cost of Capital (WACC) 5% 5%

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