Front company had net income of 72500 based on variable

Assignment Help Accounting Basics
Reference no: EM13605082

Front Company had net income of $72,500 based on variable costing. Beginning and ending inventories were 800 units and 1,200 units, respectively. Assume the fixed overhead per unit was $7.90 for both the beginning and ending inventory. What is net income under absorption costing?

Reference no: EM13605082

Questions Cloud

Which of the following statements is true a per unit cost : which of the following statements is true? a per unit cost that is constant at all production levels is a variable cost
Regarding management attitudes vancouver viacom has : the president of vancouver viacom made the following comments to shareholdersregarding management attitudes vancouver
Assume if bags and luggage assigns manufacturing overhead : during the month of january all of the following occurred1. direct labor costs were 46000 for 1800 hours worked.2.
The clarinet is well modeled as a cylindrical pipe that is : the clarinet is well modeled as a cylindrical pipe that is open at one end and closed at the other. find the wavelength
Front company had net income of 72500 based on variable : front company had net income of 72500 based on variable costing. beginning and ending inventories were 800 units and
Pact company had net income of 972000 based on variable : pact company had net income of 972000 based on variable costing. beginning and ending inventories were 7800 units and
Then you vibrate the string transversely at precisely the : you have a string with a mass of 14.1 g. you stretch the string with a force of 8.49 n giving it a length of 1.97 m.
Assume a company sells a given product for 12 per unit how : assume a company sells a given product for 12 per unit. how many units must be sold to break-even if variable selling
Lance lawn services reports bad debt expense using the : lance lawn services reports bad debt expense using the allowance method. for tax purposes the expense is deducted when

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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