Q1 a manufacturing company produces and sells 20000

Assignment Help Financial Accounting

Reference no: EM13355511

Q1. A manufacturing company produces and sells 20,000 units of a single product. Total products costs are $14 per unit. If total sales were $560,000 what markup percentage is the company using?

a) 100%
b) 4%
c) 200%
d) 50%

Q2. Paul's Pizza produced and sold 2,000 pizzas last month and had fixed costs of $6,000. If production and sales are expected to increase by 10% next month, which of the following statements is true?

a) Total fixed costs will decrease.
b) Fixed cost per unit will decrease.
c) Total fixed costs will increase.

Fixed cost per unit will increase.
Fixed manufacturing overhead
110,000
Net income
$180,000

Reference no: EM13355511

Questions Cloud

Q1at calebs tights the break-even point is 2000 units if : q1at calebs tights the break-even point is 2000 units. if fixed costs total 300000 and variable costs are 30 per unit

Western apparel company owns two stores and management is : western apparel company owns two stores and management is considering eliminating the east store due to declining

Q anderson manufacturing makes a single productnbsp budget : q anderson manufacturing makes a single product.nbsp budget information regarding the current period is given

Dye company approaches anderson with a special order for : dye company approaches anderson with a special order for 15000 units at a price of 7.50 per unit. variable costs will

Q1 a manufacturing company produces and sells 20000 : q1. a manufacturing company produces and sells 20000 units of a single product. total products costs are 14 per

Q1the controllers staff often consists of several : q1.the controllers staff often consists of several management accountants. all of the following would most likely be on

On january 1 2007 barkly company sold property for 200000 : on january 1 2007 barkly company sold property for 200000. the note will be collected as follows 100000 in 2007 60000

The following information is available for pension plan of : the following information is available for pension plan of kiley company for the year 2010.actual and expected return

Q1 heflin company incurs these expenditures in purchasing a : q1 heflin company incurs these expenditures in purchasing a truck cash price 17700 accident insurance during use 1810

User Account

All Pages