User Account

All Pages

What is the product cost per cupcake under absorption

Assignment Help Accounting Basics
Reference no: EM131755817

Lily's Pastries produces cupcakes, which sell for $ 5.00 each. During the current month, Lily produced 2, 800 cupcakes, but only sold 2,300 cupcakes. The variable cost per cupcake was $ 3.10 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: EM131755817

Questions Cloud

What charismatic leaders do we see today in politics : What charismatic leaders do we see today in politics, business, and other realms of society? For each you identify, tell whether you consider them to be persona
Explain the management science model : Explain the management science model, Carnegie model, and incremental decision model. Explain organizational characteristics generating conflict.
Discuss what would be his operating income : If Stanley prepares a contribution margin income statement for the month of June, what would be his operating income
Balanced scorecard : As outlined by Kaplan and Norton, the “Balanced Scorecard” relies on 1) Translating the vision; 2) Communicating and linking;
What is the product cost per cupcake under absorption : Total fixed manufacturing costs were $ 1,700 and total fixed marketing and administrative costs were
What techniques are being used to create a gm insect : Explains, describes, analyzes and examines what techniques are being used to create a GM insect. Summary of the research that is being conducted.
What would be utilization at resource apply a lid : Assuming unlimited demand, what would be the utilization at resource “Apply a lid”? What is the labor content?
Prepare the payroll for the pay period ending : Prepare the payroll for the pay period ending December 29, showing the following for each employee
What is the product cost per cupcake : What is the product cost per cupcake under absorption costing

Reviews

Write a Review

Accounting Basics Questions & Answers

  During october alcorn company had 109750 of cash receipts

during october alcorn company had 109750 of cash receipts and 107555 of cash disbursements. the october 31 cash balance

  Warner tool company produces class rins to sell to

1.warner tool company produces class rins to sell to collegeand high school students. these rings sell for 75.00 each

  Should you record the asset retirement obligation

The only uncertainty is whether the obligation will be enforced. Should you record the asset retirement obligation

  Cash flow benefit of the loss

Her projected share of the loss for the first year is $36,000.Agnes' individual tax rate is 33%. Determine the cash flow benefit of the loss to Agnes if the business form is:

  Stanley roper has 2400 that he is looking to invest his

stanley roper has 2400 that he is looking to invest. his brother approached him with an investment opportunity that

  Logistics and project management

Betty Products Inc. manufactures three products on two machines. In a typical week 40 hours are available on each machine. The profit contribution and production time in hours per unit follows:

  Production and cash-outlay computations rpr inc anticipates

production and cash-outlay computations rpr inc. anticipates that 120000 units of product k will be sold during may.

  Basil company a cash-basis taxpayer had the following

basil company a cash-basis taxpayer had the following activity during 2013 sales in 2013 uncollected 40000 sales in

  Discuss individual performance measurement

Using your knowledge of balanced scorecards and performance evaluation systems Discuss individual performance measurement

  Compute the cost of goods destroyed.

(a) Compute the cost of goods destroyed.

  Briefly describe the accounting profession - what does it do

Briefly Describe the Accounting Profession-: what does it do; what product(s) does it provide? What are the CPA designation requirements in the State

  The manufacturing overhead budget at mahapatra corporation

the manufacturing overhead budget at mahapatra corporation is based on budgeted direct labor-hours. the direct labor

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