Homework Answers
| Income Statement | $ | Units | |
| Income | |||
| Sales | 1080000 | 2700 | 1080000/400 |
| Expenses | |||
| Cost of Material Consumed | 270000 | ||
| (60000+310000-100000) | |||
| Variable Selling Expense (2700*49) | 132300 | ||
| Variable Admn. Overheads (2700*19) | 51300 | ||
| Fixed Selling Expenses | 140000 | ||
| Fixed Admn. Expenses | 100000 | ||
| Total | 693600 | ||
| Profit | 386400 | ||
| Contribution Format Income Statement | Unit | Rate/Per Unit | $ |
| Income | |||
| Sales | 2700 | 400 | 1080000 |
| Total Variable Expenses | |||
| Cost of Material Consumed | 2700 | 100 | 270000 |
| (60000+310000-100000) | |||
| Variable Selling Expense | 2700 | 49 | 132300 |
| Variable Admn. Overheads | 2700 | 19 | 51300 |
| Total | 453600 | ||
| Contribution | 2700 | 232 | 626400 |
| Contribution Margin Per Unit | 232 |
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Exercise 1-15 Traditional and Contribution Format Income Statements [Lol The Alpine House, Inc, is a large...
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6) The Alpine House, Inc., is a large...
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6) The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount $ 1,134,000 420 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ $ $ $ 150.000 125,000...
help plzz Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc., is a large...
help plzz
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $1,320,000 Selling price per pair of skis $ 440 Variable selling expense per pair of s skis Variable administrative expense per pair of skis Total fixed selling expense $ 155,000 Total fixed administrative expense $ 105,000 Beginning merchandise inventory $ 60,000 Ending merchandise...
CISE 1-15 Traditional and Contribution Format Income Statements LO1-6 Alpine House, Inc., is a large retailer...
CISE 1-15 Traditional and Contribution Format Income Statements LO1-6 Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales ......... Selling price per pair of skis ...... Variable selling expense per pair of skis............ Variable administrative expense per pair of skis...... Total fixed selling expense ..... Total fixed administrative expense.. Beginning merchandise inventory ....... Ending merchandise inventory..... Merchandise purchases........... $150,000 $750 $50 $10 $20,000 $20,000...
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large...
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 64 64 64 64 64 64 64 64 64. Amount...
plzz help now Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6 The Alpine House, Inc.,...
plzz help now
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6 The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount $1,394,000 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 410 49 18 $ 150,000...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc., is a large...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue Selling price per pair of skis Variable selling expense per pair of skis $ Variable administrative expense per pair $1,240,0000 $400 50 20 of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 150,000...
plzz help now Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc.,...
plzz help now
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: $ Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,394,000 410 $ 49...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc, is a large...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue Selling price per pair of skis Variable selling expense per pair of skis $ Variable administrative expense per pair $1,240,000 $400 50 20 $ 150,000 Total fixed selling expense Total fixed administrative expense$ 110,000 Beginning merchandise inventory $70,000 Ending merchandise inventory Merchandise purchases...
help plzzz Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is...
help plzzz
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: is as Amount $1,320,000 440 $ 46 es 17 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise...
Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a...
Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,050,000 $ 420 $ 46 $ 20...
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6) The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount $ 1,134,000 420 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ $ $ $ 150.000 125,000...
help plzz
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $1,320,000 Selling price per pair of skis $ 440 Variable selling expense per pair of s skis Variable administrative expense per pair of skis Total fixed selling expense $ 155,000 Total fixed administrative expense $ 105,000 Beginning merchandise inventory $ 60,000 Ending merchandise...
CISE 1-15 Traditional and Contribution Format Income Statements LO1-6 Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales ......... Selling price per pair of skis ...... Variable selling expense per pair of skis............ Variable administrative expense per pair of skis...... Total fixed selling expense ..... Total fixed administrative expense.. Beginning merchandise inventory ....... Ending merchandise inventory..... Merchandise purchases........... $150,000 $750 $50 $10 $20,000 $20,000...
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 64 64 64 64 64 64 64 64 64. Amount...
plzz help now
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6 The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount $1,394,000 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 410 49 18 $ 150,000...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue Selling price per pair of skis Variable selling expense per pair of skis $ Variable administrative expense per pair $1,240,0000 $400 50 20 of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 150,000...
plzz help now
Exercise 1-15 Traditional and Contribution Format Income Statements (LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: $ Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,394,000 410 $ 49...
Exercise 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue Selling price per pair of skis Variable selling expense per pair of skis $ Variable administrative expense per pair $1,240,000 $400 50 20 $ 150,000 Total fixed selling expense Total fixed administrative expense$ 110,000 Beginning merchandise inventory $70,000 Ending merchandise inventory Merchandise purchases...
help plzzz
Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: is as Amount $1,320,000 440 $ 46 es 17 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise...
Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,050,000 $ 420 $ 46 $ 20...
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