User Account

All Pages

What is the operating profit over september

Assignment Help Managerial Accounting
Reference no: EM133004787

A company has a normal production level of 400 units per month, fixed cost of $800000 per month, and variable cost per unit of $1500 per unit. For September 2019, actual production is 450 unit, while sales equals 410 units. Selling price is 4500$

Problem 1: Use variable costing, what is the operating profit over September 2019?

Problem 2: Using absorption costing, what is the operation profit?

Reference no: EM133004787

Questions Cloud

What is the total manufacturing cost of the job : It requires $2000 in direct material cost,$5000 in direct labor cost and 40 machines hours. What is the total manufacturing cost of this job?
What the value of the finished goods inventory is : What the value of the finished goods inventory after proration of $3000 in underallocated overheads is? Using proration based on the allocation overhead amount
Which costs will be used in making the decision to purchase : Are future costs relevant in the decision-making process? Explain and support your thoughts. Which costs will be used in making the decision to purchase asset
How much would GEM Ltd pay : In April, they paid $400 for 3,000 copies. How much would GEM Ltd pay if it made 7,500 copies? (Hint: Need to solve for Fixed cost)
What is the operating profit over september : A company has a normal production level of 400 units per month, Use variable costing, what is the operating profit over September 2019?
What is the total relevant cost of z for contract : Z has risen by 8% to $27 per kg. Z is used regularly by the company in normal production. What is the total relevant cost of Z for contract?
What is the stock worth today for lincoln inc : Lincoln, Inc., expects to pay no dividends for the next four years. If your required rate of return is 20 percent, what is the stock worth today?
What is the interest payment estimated for george company : What is the interest payment estimated for April (there is no bank loan outstanding at the end of March)? (Do not round intermediate calculations.)
What is the estimated total cash collected in november : 70% collected in the month of sale and 30% collected in the following month. What is the estimated total cash collected in November? December?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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