How many units did it produce

Assignment Help Managerial Accounting
Reference no: EM132890861

Question - EKP's unit production coast under variable costing is $5, and $7 under absorption costing. Net income under variable costing was $10000, and $12000 under absorption costing last year. EKP sold 15000 units. How many units did it produce?

Reference no: EM132890861

Questions Cloud

Which loan would be the better choice : If the loan is to be repaid after 20 years, which loan would be the better choice (which loan has the lower cost of borrowing)
About poverty and income inequality : There is growing concern about poverty and income inequality.
Information on pricing : This unit's readings included information on pricing. You are introduced to the shutdown price, using elasticity to determine the effects of price changes
Describe how marginal analysis-by avoiding sunk costs : Describe how marginal analysis, by avoiding sunk costs, leads to better pricing decisions.
How many units did it produce : Net income under variable costing was $10000, and $12000 under absorption costing last year. EKP sold 15000 units. How many units did it produce
The benefits of alternative dispute resolution : The benefits of alternative dispute resolution over civil litigation that are generally recognized include that alternative dispute resolution:
Paper on innovation and e-commerce entrepreneurship : Paper on Innovation & E-commerce Entrepreneurship.
Calculate a net income : Dec 31: The amount in prepaid insurance is for an annual policy that was paid on September 1, 2019. Calculate a Net Income
Fair value disclosures assignment : Fair Value Disclosures Assignment - How are the gains (losses) on derivative instruments designated as fair value hedges recognized

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate the gross profit and gross margin as percent

Calculate the gross profit and gross margin as % of each product , using alternative methods to share the joint cost,They were no opening or closing stock.

  Calculate the production volume variance for each capacity

Calculate the production volume variance for each capacity level assuming this year's production was 220,000 bulbs. Calculate the product cost

  What estimated total carrying costs for the office fixtures

If Geron does not maintain a safety stock, the estimated total carrying costs for the office fixtures for the coming year based on their current schedule is

  Should ortez purchase the high-quality strawberries

Ortez Company buys strawberries and produces strawberry jam. The variable cost of a case of strawberry jam is as follows:

  Determine the cash account balance after all postings

Post all relevant cash journal entries to the Cash Account ledger. Determine the Cash Account balance after all postings are completed.

  What is the companys plantwide predetermined rate

What is the companys plantwide predetermined rate. Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories.

  Calculate the net present value of the investment

Seventeen Seconds, Inc. is considering a long-term investment. The investment will require an investment of $40,000. Calculate net present value of investment

  Prepare explanations for each journal entry

From an analysis of the T-accounts, reconstruct the October transaction entries, and the adjusting journal entries that were made on October 31, 2012. Prepare explanations for each journal entry.

  When is a company susceptible to a hostile takeover

When is a company susceptible to a hostile takeover? When angel investors demand repayment of their venture capital. / When a bull market is in effect

  Should kappa accept the investment opportunity

Using the results from your analysis of payback period, return on investment, and net present value, should Kappa accept this investment opportunity?

  Explain the target costing process how is it calculated

Explain the target costing process. How is it calculated?

  What are prime costs and conversion costs

What are prime costs and conversion costs? What is the difference between total manufacturing costs incurred and the cost of goods manufactured?

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