User Account

All Pages

Find what ending inventory under variable costing

Assignment Help Managerial Accounting
Reference no: EM132610498

Selena Industries manufactures a single product. Variable production costs are P20 and fixed production costs are P150,000. Selena uses a normal activity of 10,000 units to set its standard costs. Selena began the year with no inventory, produced 11,000 units, and sold 10,500 units.

Question 1: Ending inventory under variable costing and absorption costing would be?

Question 2: The volume variance under variable costing and absorption costing would be ?

Question 3: By how much would the income between the two methods would differ?

Reference no: EM132610498

Questions Cloud

Describe the strength of sulfuric acid : In fact the equilibrium constant for the dissociation of H2SO4 from HSO4 and H is 2.4 x 10^6 and the equilibrium constant for the dissociation of HSO4
Summarize the differences between the two HIEs : Identify two HIE's in your state or a contiguous state and complete the following table. Summarize two similarities and two differences between the two HIE's.
Equilibrium constant for the dissociation of ethanol : Deduce how the equilibrium constant for the dissociation of ethanol will differ to the dissociation of water at the same temperature.
Equation for the dissociation of ethanoic acid in water : The equilibrium constant for the dissociation of ethanoic acid in water is 1.8 x 10^-5. The equilibrium constant for the dissociation for chloroethanoic acid, i
Find what ending inventory under variable costing : What ending inventory under variable costing and absorption costing would be? The volume variance under variable costing and absorption costing would be ?
Equation for the dissociation of ammonia in water : The equilibrium constant for the dissociation of ammonia, NH3, in water is 1.8 x 10^-5
Review section on knowledge creation-culture-strategy : Review the section on knowledge creation, culture, and strategy. Explain how balance scorecards impact knowledge creation, culture, and strategy
What is total cost that assigned to eudora finished goods : What is the total cost that would be assigned to Eudora's finished goods inventory at the end of the first year of operations under the variable costing method?
Describe function and purpose of the administrative system : Describe the function and purpose of the administrative system selected. Review the HIMSS Security risk assessment guide/data collection matrix.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd