Income under absorption costing

Assignment Help Accounting Basics

Reference no: EM139894

During the year just ended, Kerry Company's income under absorption costing was $3,000 lower than its income under variable costing. The company sold 9,000 units during the year, and its variable costs were $9 per unit, of which $3 was variable selling expense. If production cost is $11 per unit under absorption costing every year, then how many units did the company produce during the year?

a. 8,000.
b. 10,000.
c. 9,600.
d. 8,400.

Need calculations with answer

Reference no: EM139894

Questions Cloud

Absorption costing of bush company : During the last year, Bush Company had net income under absorption costing which was $5,500 lower than its income under the variable costing.

Analyze the 3m''s organization''s internal environment : Analyze the 3M's organization's internal environment and identify strengths and weaknesses from.

Give the journal entry to record issuance : Give the journal entry to record issuance of the bond and give the journal entry to record the conversion of the bonds assuming

Made contact with knowles also cummings : Illustrate are Daniels the director obligations while an agent of Community Bank. Explain is it appropriate for her to have made contact with Knowles also Cummings.

Income under absorption costing : During the year just ended, Kerry Company's income under absorption costing was $3,000 lower than its income under variable costing.

Peripheral nervous system : The peripheral nervous system _____.

Purpose a trial balance for october : During its first month of operation, the Rawls Repair Corporation, which specializes in bicycle repairs - Purpose a trial balance for October

Cummings feels indebted to daniels : Cummings feels indebted to Daniels for having supported Cummings when she was a finalist for the CEO position alongside another candidate with more considerable knowledge.

Find the price the bond with the right adjustments : Find the Price the Bond and Make sure you make the right adjustments to the data

Reviews

Write a Review

Required(*) Message

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

User Account

All Pages