Produces a single product had a net operating income

Assignment Help Financial Accounting

Reference no: EM13754092

A company that produces a single product had a net operating income of $93,000 using variable costing and a net operating income of $132,440 using absorption costing. Total fixed manufacturing overhead was $60,180 and production was 11,800 units both this year and last year. Last year was the first year of operations. Between the beginning and the end of the year, the inventory level: (Do not round intermediate computation and round your final answer to nearest whole number.)

Reference no: EM13754092

Questions Cloud

Write an essay on empire-african society-mongols : Write an essay on the following: Prehistory- Ancient Near East-Classical Mediterranean-Classical South Asia-Mesoamerica-Classical China-Russia-Islam and Empire-African Society-Mongols- Japan-Charlemagne.

Determining the free cash flow-triptych food corp : Triptych Food Corp. has an expected net operating profit after taxes, EBIT (1 - T), of $13,300 million in the coming year. In addition, the firm is expected to have net capital expenditure of $1,995 million, and net operating working capital (NOWC..

Standard costing system-basis of standard machine-hours : The Maxwell Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. The following data are available for July:

Describe and analyze a human resource/organizational : You have been hired as a consultant (to your current organization, previous organization, or a fictional organization). Describe and analyze a human resource/organizational problem(s) and recommend an organizational development strategy (ies).

Produces a single product had a net operating income : A company that produces a single product had a net operating income of $93,000 using variable costing and a net operating income of $132,440 using absorption costing. Total fixed manufacturing overhead was $60,180 and production was 11,800 units both..

How do information systems vary by scope : How do information systems vary by scope? Can you describe one type of information systems, providing a specific example of how such a system would be used in an organization (e.g., medical office, university)?

Net income interest on original investment : Xavier and Yolanda have original investment of $50,000 and $100,000 respectively in a partnership. the article of partnership include the following provisions regarding the division of the net income interest on original investment at 15% salary allo..

Total combined direct labor cost for the two months : Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.72 direct labor-hours. The direct labor rate is $11.50 per direct labor-hour. The production budget calls for producing 6,600 units in Oc..

Discussed the importance of information systems : Discussed the importance of information systems for organizations. But what about for the individual employee not in IT? How can knowledge about information systems help you in your business career?

User Account

All Pages