What would operating income have been using full costing

Assignment Help Accounting Basics
Reference no: EM133155473

Question - A company's operating income was $79,500 using variable costing for a given period. Beginning and ending inventories for that period were 46,900 units and 51,900 units, respectively. Ignoring income taxes, if the fixed factory overhead application rate was $8.19 per unit, what would operating income have been using full costing?

Reference no: EM133155473

Questions Cloud

What is the ocf for this project : The project is estimated to generate $1,675,000 in annual sales, with costs of $645,000. If the tax rate is 21 percent, what is the OCF for this project
Overview of perceptions of information security : one-page overview of Perceptions of Information Security at the Workplace: Linking Information Security Climate to Compliant Behavior
Should the company lagoon replace the delivery van : Based strictly on the financial information presented above, should the company Lagoon replace the delivery van? (Ignore time value of money)
Overview - design thinking by doreen lorenzo : Overview - Design Thinking by Doreen Lorenzo - Analyze internal and external dimensions of Information Systems strategic planning by applying appropriate
What would operating income have been using full costing : Ignoring income taxes, if the fixed factory overhead application rate was $8.19 per unit, what would operating income have been using full costing
What was watson total prevention and appraisal cost : Listed below are selected line items from the Cost of Quality report for Watson Products for last month: What was Watson total prevention and appraisal cost
Determine qrx taxable income for this year : QRX had a net operating loss of $10,000 and a net long-term capital loss of $30,000. Determine QRX taxable income for this year
What is a normal distribution curve : What is a normal distribution curve? What is being "distributed"? What is "it" being distributed over? How does one calculate an expected value
Allocate the unreserved public IPv4 addresses : Allocate the unreserved public IPv4 addresses to different states in Australia based on the number of Internet users in those states

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.

  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!

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