Solution-Find out net income or loss

Find out net income or loss

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Reference no: EM132609957

Rodriquez company manufactures mainframe computers. In producing computer, the prime cost is $ 300,000 and the conversion cost is $ 400,000, but the total manufacturing cost is only $ 600,000. Selling Price of a computer is $ 3000.

Question a) schedule of cost of goods manufactured in good form.

Question b) Assuming that during the period 500 computers are produced and 400 computers are sold with the selling and administration expenses divided into $100 per computer sold and $ 150,000 for administration, find out net income or loss.

Reference no: EM132609957

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Find out net income or loss

Reference no: EM132609957

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