User Account

All Pages

What is the net operating income for the month under

Assignment Help Accounting Basics
Reference no: EM13964753

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price = $123

Unit in beginning inventory = 0

Units produced = 1,000

Units sold = 900

Units in ending inventory = 100

Variable costs per unit:

Direct materials = $41; Direct labor = $26; VMOH = $4; Variable selling and administrative = $6

Fixed costs:

FMOH = $17,000; Fixed selling and administrative = $11,700

What is the net operating income for the month under variable costing?

Reference no: EM13964753

Questions Cloud

Compute the cost of not taking the following cash discounts : Compute the cost of not taking the following cash discounts.
Compare and contrast the potential root causes of terrorism : Compare and contrast the potential root causes of terrorism. Make a case for what you perceive to be the most significant source of terrorism in the past, present, and future.
Recent toxic waste spill that happened on company property : Mary works at Acme, Inc. The company is heavily regulated by the Environmental Protection Agency (EPA) and it has an audit scheduled for next week. Mary’s boss approached her and requested that she not tell anyone about the recent toxic waste spill t..
Representing admission prices : Write a matrix A that represents the Cinemas, and the number of each type (children, student, or adult) that attended each Cinema. Write a column vector B representing admission prices. Perform the multiplication AB and explain what this product re..
What is the net operating income for the month under : A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations. What is the net operating income for the month under variable costing?
Ability to modify the usa patriot act : Pretend you have the ability to modify the USA PATRIOT Act in any way you want. Describe the change(s) you would make. Support your changes with sound reasoning.
Linear programming model by using computer-ensitivity ranges : Gilbert Moss and Angela Pasaic spent several summers during their college years working at archaeological sites in the Southwest. While at those digs, they learned how to make ceramic tiles from local artisans. Formulate a linear programming model fo..
Do the strips attract or repel each other : Does the strength of the attraction or repulsion vary with distance? Can you see Newton's Third Law in action with strips of Scotch tape? Be very specific in describing how you see the 3rd law manifested. Can you see it if you bring a charged plas..
Explain to the president why the step down method provides : Explain to the president why the step-down method provides a better basis for computing predetermined overhead rates than the direct method.

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