Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture of certain special-duty auto transmissions used primarily for police and military applications. The part sells for $40 per unit and had sales of 24,550 units in the current year, 2018. STI has no inventory on hand at the beginning of 2018 and is projecting sales of 27,650 units in 2019. STI is planning the same production level for 2019 as in 2018, 26,100 units. The variable manufacturing costs for STI are $11, and the variable selling costs are only $0.90 per unit. The fixed manufacturing costs are $130,500 per year, and the fixed selling costs are $610 per year.
Required:
Problem 1. an income statement for each year using full costing.
Problem 2. an income statement for each year using variable costing.
Problem 3. a reconciliation of the difference each year in the operating income resulting from the full and variable costing methods.
Which offer has the greater economic value if money can earn 9.5% compounded quarterly? How much more is it worth in current dollars?
Consider a stock worth $25 that can go up or down by 15 percent per period. The risk-free rate is 10 percent. Use one binomial period. Determine the two possible stock prices for the next period. Determine the intrinsic values at expiration of a Euro..
A company had 400,000 shares of $10 per value common stock outstanding. What is the balance in the common stock account after the issuance?
Find What assumptions about market efficiency are typically adopted in capital markets research? what do we mean by market efficiency?
Explain to about assessment in school? what is the item you usually used in assessment? how the format in order to make examination paper for student
Solaris Company currently uses the average cost method to price its inventory. Management contemplates changing its inventory method starting in 2017. Solaris has provided the following information for years 2014 to 2016. Use the journal entries spre..
What is the before-tax cost of debt for Olympic? Olympic sports have two issues of debt outstanding .one is a 9 % coupon bond with a face value of $20 million
At acquisition date, all the identifiable assets and liabilities of Sterling Ltd were recorded at amounts equal to fair value except for: How should i write the acquisition analysis for the packing plant? And the BCVR journal entries?
How much of this rent payment is deductible in 2020 and 2021? White Corporation leases office space for $6,500 a month every year
Calculate the accounting rate of return for this project. Yellow stone company has an initial investment of $800,000 for computer equipment.
Draw up a statement of Financial Position after the above transactions have been completed. D Abdi has the assets and liabilities as on 31 April 2002
What is M&S's accounting policy related to refunds and loyalty schemes? Why does M&S include the accounting for refunds and loyalty schemes in its critical accounting estimates and judgments?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd