Unit of the company inventory

Assignment Help Accounting Basics
Reference no: EM13128572

Lone Star has computed the following unit costs for the year just ended:

Direct materials used $12
Direct labor 18
Variable manufacturing o/head 25
Fixed manufacturing o/head 29
Variable Selling and admin costs 10
Fixed selling and admin costs

Under variable costing, each unit of the company's inventory would be carried at:

A. $35.

B. $55.

C. $65.

D. $84.

E. some other amount.

Reference no: EM13128572

Questions Cloud

Absorption-costing income statement : The gross margin that the company would disclose on an absorption-costing income statement is:
Determining derivative of function : Let f be the function whose graph goes through point (3,6) and whose derivative is given by f'(x) = (1+e^(x))/(x^2). Write the equation of the line tangent to the graph of f at x=3 and use it to approximate f(3.1)
What do understand by the empirical formula : What do understand by the terms a) Empirical Formula b) isomerism and what conclusions can you draw from the following observations about the chemical nature of the organic liquid D?
Is there a reason a firm choose one method over another : Non-Controlling interest in a selling subsidiary affects only the allocation of the eliminated unrealized gain or loss and not the amount eliminated?
Unit of the company inventory : Under variable costing, each unit of the company's inventory would be carried at:
A classification. topic: " reasons for surfing the internet" : Writing a classification. Topic: " Reasons for surfing the Internet
Job satisfaction and organizational commitment : The purpose of writing this paper is analysis why job satisfaction and organization commitment is so important to a company. What is the relationship between job satisfaction and organization commitment
First principle in evaluating derivatives : Find and simplify the difference quotient for G(X)=1/x^2. HINT: After finding the difference quotient, simplify by using an LCD to combine the fractions.
Find probability that women think men are less kind-gentle : At the 0,05 level, can we conclude that women think men are less kind, gentle, and thoughtful in the later survey compared with the earlier one?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd