Solution-Find what were company operating income and fixed

Find what were company operating income and fixed costs

Assignment Help Cost Accounting

Reference no: EM132735777

Problem 1: Marie Manufacturing reported net income of $42,120 and has a 35% tax rate. Marie manufactures a product which sells for $20 per unit and whose variable costs are 62.5% of sales. If Marie sold 23,040 units, what were the company's operating income and fixed costs (round your answer if necessary)?

a. $64,800; $108,000

b. $120,344; $167,656

c. $172,800; $52,456

d. $214,920; $94,576

Reference no: EM132735777

Questions Cloud

What rate of return is the insurance company offering : The insurance company gives you a choice of $100,000 today or a 12-year annuity of $12,000 at the end of each year. What rate of return is the company offering

What factors affect physical development : What factors affect physical development? Consider hereditary and environmental influences. Provide examples. What factors affect cognitive development?

Calculate tuvok material price variance : Calculate Tuvok's material price variance. Standard quantity allowed 18 000. Standards costs of materials R0.50 per kg. Total paid to suppliers R11 000

Define skill that you learn in professionalism in workplace : Identify a skill that you learned in Professionalism in the Workplace Course, and explain how you can apply it to increase success in your career.

Find what were company operating income and fixed costs : Marie Manufacturing reported net income of $42,120 and has a 35% tax rate. If Marie sold 23,040 units, what were the company's operating income and fixed costs

Solve the variable overhead spending variance for april : Calculate the variable overhead spending variance for April. Uniform Company has developed standard overhead costs based on a capacity

What is the compounded value of this payment at the end : For an ordinary annuity with 5 annual payments of $100 and a 10% interest rate, What is the compounded value of this payment at the end

How you could use the information contained in the masters : Explain how you could use the information contained in the Masters and Johnson Human Sexual Response Cycle and the Kaplan three Stages of Sexual Response.

Explain the sexual response cycles in men : Why is it important for counselors to understand the similarities and differences between the sexual response cycles in men versus women?

User Account

All Pages

Find what were company operating income and fixed costs

Reference no: EM132735777

Reference no: EM132735777

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT