Reference no: EM132710053
MunCDS develops musical CDs for which the budgeted profit per unit is as follows:
K Materials 2,000
Labour 3,000
Variable Production overhead 3,000
Fixed Production overhead 4,000
Variable selling cost 1,000
Fixed Selling expenses 2,000
Profit 5,000
Sales Price 20,000
Both types of fixed overheads were based on a budget of 10,000 CDs a year. In the first year of production, the only difference from the budget was that MunCDS produced 11,000 musical CDs and sold 9,000.
Required
Problem 1: Prepare:
a) Profit statement made under absorption costing?
b) Profit statement made under Marginal costing?
|
What factors influence a firm business risk
: PizzaPalace is a company and the EBIT was $120 million last yea, What is business risk? What factors influence a firm's business risk?
|
|
Determine the adjusted cash balance per books
: Given the following information, determine the adjusted cash balance per books from the following information: Outstanding checks, $820
|
|
Why do companies bother to issue convertible securities
: Why do companies bother to issue convertible securities, such as convertible bonds? What's wrong with just issuing a good old plain vanilla bond
|
|
Target audience and keep presentation professional
: Feel free to be creative with this assignment, but remember your target audience and keep your presentation professional.
|
|
Prepare profit statement made under marginal costing
: Both types of fixed overheads were based on a budget of 10,000 CDs a year. In first year of production, Prepare Profit statement made under Marginal costing?
|
|
How much less in interest would you pay
: Pay the minimum of 3.5% down and finance the rest at a rate of 5.5%, How much less in interest would you pay with Option 2 than with Option 1
|
|
Discuss the major goals of the family in an report
: In an report, discuss the major goals of the family and how would they go about achieving each goal. Specific to how they would achieve each goal
|
|
Define scalability
: Define scalability. Compare and contrast vertical and horizontal scaling. Discuss the importance of HTML 5.
|
|
How much will all the preferred shareholders receive
: If Fox declares cash dividends of $200,000 during the current year and there are no dividends in arrears, how much will all the preferred shareholders receive
|