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Question - Variable and Absorption Costing - During its first year, Walnut, Inc., showed an $36 per-unit profit under absorption costing but would have reported a total profit $32,000 less under variable costing, If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent:
a. Fixed cost per unit?
b. Sales price per unit?
c. Variable cost per unit?
d. Unit sales volume if total profit under absorption costing was $198,000?
Lean Production is managerial account,What is the effect of Lean Production in an organization using both absorption and variable costing in its costing system?
Why does Management have to use Predetermined Overhead Rates and dollars to calculate unit cost each month. Why can't they use the Actual?
Would bundling improve profits over the high-cost strategy? Support your conclusion by showing if (by how) profits differ under each strategy.
If there is no beginning work in process inventory and ending work in process inventory is $50,000, what is the cost of goods manufactured?
If you require a 15 percent return, what is the most you would pay for this investment? You are looking into an investment that will pay you $12,000
In the first month after purchase. Purchases for March are $75,000. Prepare a schedule of cash payments for direct materials for April, May, and June
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If ABC Co. orders 5000 wheels per order, then the sum of its ordering and holding costs per year is $6,200. What would be ordering and holding cost per wheel
shellhammer company is considering the purchase of a new machine. the invoice price of the machine is 170000 freight
A company estimates, The customer places 70 orders, orders 24 unique items, 940 total items, and makes 7 returns. What is the customer pro?t?
Determine the minimum transfer price. Find What is the maximum amount Perfume Division would be willing to pay for the bottles?
Reconcile the sum of the two costs in part b to the sum of beginning Work in Process and costs added in August
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