User Account

All Pages

What is the company operating income

Assignment Help Accounting Basics
Reference no: EM133071398

Question - XYZ Inc. sells a single product for $20 per unit. Direct materials costs were $5 per unit, while direct labour and variable overhead costs were $3 and $2 respectively. Fixed overhead costs amount $20,000 per month. The company has a practical production capacity of 5,000 units per month. Variable selling costs are $2 per unit. Fixed selling costs are $5,000 per month. Last month, the company produced 5,000 units and sold 4,000 units. What is the company's operating income using variable costing?

Reference no: EM133071398

Questions Cloud

Banking plan at a different institution : Research online two different banking plans in Canada(it could be two different banking plans at the same institution or comparing a banking plan at one institu
International management : Define and describe the different kinds of strategic alliances that businesses can take part in.
How much potential value would murray lose : Murray Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable.
What is the bond yield-to-call : Suppose that Company W has a bond that can be called in 5 years at a call price of $1,100. The bond has a maturity of 25 years and a coupon rate of 7%. It curre
What is the company operating income : Last month, the company produced 5,000 units and sold 4,000 units. What is the company's operating income using variable costing
Determine the future for a valuation : Suppose you started a new business last year with $ 50,000 of your own money that was used to buy equipment. You are now seeking a $ 25,000 loan to finance the
At what amounts should each of the three assets be recorded : The assets' estimated fair values are land $96,000, building $252,000, and equipment $113,000. At what amounts should each of the three assets be recorded
Treynor measure for performance evaluation : You want to evaluate three mutual funds using the Treynor measure for performance evaluation. The risk-free return during the sample period is 6%. The average r
Compute the required amount of plastic to be purchased : At the beginning of the year, 270,000 ounces of plastic are in inventory. Compute the required amount of plastic to be purchased

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