How much would absorption costing operating income differ

Assignment Help Accounting Basics
Reference no: EM132690332

Question - Analyzing Income under Absorption and Variable Costing

Variable manufacturing costs are $111 per unit, and fixed manufacturing costs are $92,400. Sales are estimated to be 6,000 units.

If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar.

a. How much would absorption costing operating income differ between a plan to produce 6,000 units and a plan to produce 7,700 units?

b. How much would variable costing operating income differ between the two production plans?

Reference no: EM132690332

Questions Cloud

Rules change for telepresence meetings : How would the rules change for telepresence meetings? Which type of meeting would you prefer?
Explain the basic principle of double entry bookkeeping : Explain the basic principle of double entry bookkeeping. Explain the two accounting principles on which the calculation and reporting of deprecation is based
Provide information of positions : Requirement: A business email to trainer that explaining what have you done to look for employment. Help notes below
What baltimore total liabilities and equity are : Equipment $10,000, Accounts Payable $4,650, Prepaid Rent $2,000, Supplies $400, Bank Loan $3,950, and Tools $300. Baltimore's total liabilities are
How much would absorption costing operating income differ : How much would absorption costing operating income differ between a plan to produce 6,000 units and a plan to produce 7,700 units
Determine whether variable costing operating income is less : Determine whether variable costing operating income is less than or greater than absorption costing operating income
What is the reference value of hughes : What is the reference value of Hughes' new rubber gloves?
Explain the techniques for goal setting : Explain the techniques for goal setting and priority determination in the organization.
Validate organisational assessment methods : 3.1 Implement organisational learning strategy appropriate to organisational requirements

Reviews

Write a Review

Accounting Basics Questions & Answers

  Information and the international fisher effect

Assume that the Australian dollar's spot rate is $.90 and that the Australian and U.S. 1-year interest rates are initially 6 percent. Then assume that the Australian 1-year interest rate increases by 5 percentage points, while the U.S. 1-year inte..

  Prepare adjusting and correcting entries for December

Prepare adjusting and correcting entries for December 31, 2020, using the information given. Record the adjusting entry for inventory using a Cost of Goods Sold

  Suppose that youve been appointed as the speaker of the

assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of

  Prepare the journal entries to correct the errors

Rent expenses $450 had been posted to the general expenses account. Prepare the journal entries to correct the errors 1 to 4

  Prepare the July entry for Ayayai Corporation

Ayayai Corporation purchased Young Company by paying $257,800 cash and issuing a $139,000 note payable, Prepare the July entry for Ayayai Corporation

  Assume that the assembly department of advanced

advanced technologies produces notebook computers in three departments assembly testing and packing. prior to the start

  Calculate australian assessable income

Calculate her Australian assessable income for the 2017/18 and 2018/19 tax years. You must give reasons for the inclusion or exclusion

  What was the cost of raw materials

Compute the ending balance in the Work in Process inventory account. Assume that this balance consists entirely of goods started during the year. If $32,200 of this balance is direct materials cost, how much of it is direct labor cost? Manufacturi..

  Compute the depreciation expense

Show all work and compute the depreciation expense for 2013 and 2014 assuming: Parks uses the straight-line depreciation method

  Analyses indicate the potential improvement in life

Metal fatigue. A low-cycle fatigue test of 384 specimens of a superalloy at a particular strain range and high temperature yielded the following data. Data are grouped by the log (base 10) of the number of cycles to failure into intervals of 0.05.

  Which internal control is most likely to audit of statements

Which internal control is most likely to an audit of financial statements? Which s not an assurance to be provided by an effective internal control system

  How much gain or loss must craig recognize

How much gain or loss must Craig recognize on receipt of the distribution? What will be his remaining basis in his partnership interest

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