User Account

All Pages

What is product cost per cupcake under absorption costing

Assignment Help Accounting Basics
Reference no: EM131784300

Problem

Lily's Pastries produces cupcakes, which sell for $5.30 each. During the current month, Lily produced 3,100 cupcakes, but only sold 2,700 cupcakes. The variable cost per cupcake was $3.00 and the sales commission per cupcake was $0.40. Total fixed manufacturing costs were $1,700 and total fixed marketing and administrative costs were $1,400. What is the product cost per cupcake under absorption costing?

Reference no: EM131784300

Questions Cloud

Solve for the eigenvalues and eigenvectors for matrix : Using the program CHOLJAC, solve for the eigenvalues and eigenvectors for the 4 X 4 beam in Example 10.5-1.
Purpose of measuring peak expiratory flow : Explain the purpose of measuring Peak Expiratory Flow (PEF) rate and use statistical analysis to compare PEF measured by peak flow meter and spirometer
Discuss the gas exchange taking place : Discuss the gas exchange taking place during external and internal respiration. Compare the events associated with quiet and forceful breathing.
Appropriate physiological explanations accounting for effect : Did blood pressure and pulse rate change when you changed your body positions (Supine (lying down), Sitting , Standing)?
What is product cost per cupcake under absorption costing : Lily's Pastries produces cupcakes, which sell for $5.30 each. During the current month. What is the product cost per cupcake under absorption costing?
What is the arithmetic mean of the sample : She samples 10 of her 35 employees and finds the following times (in minutes): 8, 12, 5, 14, 6, 18, 5, 9, 16, and 5. What is the arithmetic mean of the sample
Features of splicing in pre-trna and in pre-mrna : Compare and contrast the main features of splicing in pre-tRNA and in pre-mRNA.
Find the mass and stiffness matrices for this problem : Determine the mass and stiffness matrices for this problem and calculate the natural frequencies and mode shapes.
Which linear program describes the given objective : Management would like to determine the best product manufacturing mix to maximizecontribution margin. Which linear program describes this objective?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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