What would have been the net operating income

Assignment Help Managerial Accounting
Reference no: EM132803103

Problem 1: Pharsa Corporation produces a single product. Last year, the company had net operating income of P40,000 using variable costing. Beginning and ending inventories were 13,000 units and 18,000 units, respectively. If the fixed manufacturing overhead cost was P1.60 per unit, what would have been the net operating income using absorption costing?

Reference no: EM132803103

Questions Cloud

Calculate the depreciation tax shield for project in year : Assume a tax rate of 21 percent and a discount rate of 12 percent. Calculate the depreciation tax shield for this project in year 3.
How a christian leader should reconcile the idea : A research-based and biblically supported discussion of how a Christian leader should reconcile the idea of effective ministry with the need for ministry growth
What is the size of his yearly payments : Jerry wants to save up $16000 so he can buy a new truck in 8 years. If he can earn j1=2.5% on his money, what is the size of his yearly payments
Element on the overall balance : Select any one of the elements in part (a) and discuss the effect of too little or too much of this element on the overall balance of other work system elements
What would have been the net operating income : If the fixed manufacturing overhead cost was P1.60 per unit, what would have been the net operating income using absorption costing?
Group align with that organizational design : How does the Steinway Case we discussed in class ( Ch. 5) relate to that model? In other words, how far in the model did the Steinway case get?
What are the characteristics of a leader and a manager : As a healthcare manager, being able to discern the difference between a leader and a manager is critical. In this discussion, you will have the opportunity.
What is the total cost that would be assigned to eudora : What is the total cost that would be assigned to Eudora's finished goods inventory at the end of the first year of operations under the variable costing method?
What is the price of the bond : You find zero-coupon bond with a par value of $10,000 and 17 years to maturity. If yield to maturity on this bond is 4.2 percent, what is the price of the bond

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd