What amount should have been reported as variable costs

Assignment Help Accounting Basics
Reference no: EM131969294

Problem

During its most recent fiscal year Dover, Inc. had total sales of $3180,000. Contribution margin to amounted $1, 490,000 and pretax income was $385,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Reference no: EM131969294

Questions Cloud

Find what amount should have been reported as variable costs : Find what amount should have been reported as variable costs in the Company's contribution margin income statement for the year in question?
Give a brief description on alcohol addiction : Give a brief description on alcohol addiction. Address the possible causes of alcohol addiction.
Theories between humanistic and existential : Explain the interpersonal relational aspects associated with the theories between humanistic and existential, dispositional, or learning?
Approach using humanistic and existential : What would the personality characteristics attributed to each theory in your approach using humanistic and existential, dispositional, or learning?
What amount should have been reported as variable costs : What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?
Calculation of required short-term borrowing : Calculation of required short-term borrowing. Prepare Global Electronics' budgeted income statement for the first quarter of 20x1. (Ignore income taxes.)
Describe the role of personality in affecting situational : Describe the role of personality in affecting situational behavior in humanistic and existential, dispositional, or learning using an example please.
Theory and the behavior in learning and cognitive theory : Provide an example of a situation that demonstrates the relationship between the theory and the behavior in learning and cognitive theory please.
How would you develop your plan to respond to the sec : How would you develop your plan to respond to the SEC? Provide an example of how you might respond.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Earnings remaining after removing nonrecurring items

Compute the net earnings remaining after removing nonrecurring items. Determine the earnings from the nonconsolidated subsidiary.

  Prepare the sales revenues section of the income statement

Prepare the sales revenues section of the income statement based on this information.

  Anita vasquez received 240000 from her mothers estate she

anita vasquez received 240000 from her mothers estate. she placed the funds into the hands of a broker who purchased

  Complete the cash basis income statement

Received $1,000 from customers as deposits on orders ofnew instruments to be sold to the customers in April. Complete the following statement.

  Assuming that the company sells 75000 units during the

the following information relates to the only product sold by harper company sales price per unit 24 variable cost per

  The purchasing department buys the quantities of raw

rondello corporation manufactures a single product. the standard cost per unit of product is shown below.direct

  Determine the end-of-year balances for unrestricted net

The University of Danville is a private not-for-profit university that starts the current year with $700,000 in net assets: $400,000 unrestricted, $200,000 temporarily restricted, and $100,000 permanently restricted.

  Depreciation charges of 640000 are included in the firms

the information that follows was obtained from the accounting records of gladstone manufacturing during a period when

  What was the amount of service revenue received

This is a partial adjusted trial balance of Darcy Designs Pty Ltd. What was the amount of service revenue received in advance at 1 July 2016/30 June 2016

  Cannes company has the following information available for

cannes company has the following information available for september 2014.unit selling price of video game consoles

  Other disbursements february- withdrawal of 5000 cash for

singh company prepares monthly cash budgets. relevant data from operating budgts for 2013 are january february sales

  What is the risk-adjusted npv of each project

The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $6,750 and has an expected life of 3 years.

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