Solution-What are the variable and absorption-cost net

What are the variable and absorption-cost net incomes

Assignment Help Cost Accounting

Reference no: EM132753884

A company has the following cost data:

AT Fixed manufacturing costs P2.000

Fixed selling, general, and administrative costs 1,000

Variable selling costs per unit sold 1

Variable manufacturing costs per unit 2 Beginning inventory

ED 0 units Production 100 units

Sales 90units at P40 per unit

Problem 1: What are the Variable and absorption-cost net incomes

Reference no: EM132753884

Questions Cloud

What was the TRIN ratio for that day : On 10 March 2020, there were 1,296 stocks advanced on NYSE and 720 declined on NYSE. What was the TRIN ratio for that day

Find what is the firm net working capital : Receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000. What is the firm's net working capital?

Allocate the joint cost using the three methods : A company produces three products, Y1, Y2, and Y3 in the same process. Allocate the joint cost using the three methods used to allocate joint costs

What information does a firm balance sheet provide : A company borrows $2,000,000 and uses the money to purchase high technology machinery for its operations. These are examples of

What are the variable and absorption-cost net incomes : What are the Variable and absorption-cost net incomes? Variable manufacturing costs per unit 2 Beginning inventory. Variable selling costs per unit sold 1

Probability that operational risk losses : The power law parameter, a, is 0.8. What is the probability of losses exceeding (a) $40 million, (b) $80 million, and (c) $200 million?

Compute the depreciation expense : ABC Corporation purchased a new machine on June 1, 2016. The cost of this machine was $150 000. Compute the depreciation expense

What is the company direct costing net income : Manufacturing costs are P5.25 per box and fixed manufacturing overhead costs total P1,375 for the year. What is the company's direct costing net income?

Comment on the price and usage variance : Comment on the price and usage variance. Smith Ltd company produces apple juice sold in 4.5 litre bottles. Recently, the company adapted

User Account

All Pages

What are the variable and absorption-cost net incomes

Reference no: EM132753884

Reference no: EM132753884

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT