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Question 18 Consider the following information: Net operating income under variable costing $50,000 Decrease in inventory...
Consider the following information: Net operating income under variable costing $50,000 Decrease in inventory during the...
Consider the following information: Net operating income under variable costing $50,000 Decrease in inventory during the period 5,000 units Fixed manufacturing overhead $100,000 Number of units produced during the period 25,000 units Based on the above information, the net income under absorption costing is: $70,000 $50,000 $150,000 $30,000
.Consider the following: Net operating income under variable costing $50,000. Decrease in inventory during the period...
.Consider the following: Net operating income under variable costing $50,000. Decrease in inventory during the period 5,000 units. Fixed manufacturing overhead $100,000. Number of units produced during the period 25,000 units. Based on the above information, the net income under absorption costing is: a. $150,000 b. $70,000 c. $30,000 d. $50,000
l Question 10 Consider the following information: Net operating income under variable costing Increase in inventory...
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Question 10 Consider the following information: Net operating income under variable costing Increase in inventory during the period Fixed manufacturing overhead Number of units produced during the period $25,000 2,000 units $50,000 10,000 units Based on the above information, the net operating income under absorption costing is: O $15,000 $35,000 O $75,000 O $10,000
find net operating income (loss) for year 1 under absorption costing find net operating income (loss)...
find net operating income (loss) for year 1 under absorption
costing
find net operating income (loss) for year 2 under absorption
costing
find net operating income (loss) for year 1 under variable
costing
find net operating income (loss) for year 2 under variable
costing
area of your worksheet so that it А B с Chapter 6: Applying Excel Data $ 344 $ 146 Selling price per unit Manufacturing costs: Variable per unit produced: Direct materials Direct labor Variable manufacturing overhead...
(e) The net operating income (loss) under absorption costing is less than the net operating income...
(e) The net operating income (loss) under absorption costing is
less than the net operating income (loss) under variable costing in
Year 2 because: (You may select more than one answer.
Single-click the box with the question mark to produce a checkmark
for a correct answer and double click the box with the question
mark to empty the box for a wrong answer. Any boxes left with a
question mark will be automatically graded as
incorrect.)
Units were left over...
(e) The net operating income (loss) under absorption costing is less than the net operating income...
(e)
The net operating income (loss) under absorption costing is less
than the net operating income (loss) under variable costing in Year
2 because (Select all that apply.):
3.
Make a note of the absorption costing net operating income
(loss) in Year 2.
At the end of Year 1, the company’s board of directors set a
target for Year 2 of net operating income of $70,000 under
absorption costing. If this target is met, a hefty bonus would...
A) What is the net operating income (loss) in Year 2 under absorption costing? B) At...
A) What is the net operating income (loss) in Year 2
under absorption costing?
B) At the end of Year 1, the company’s board of
directors set a target for Year 2 of net operating income of
$20,000 under absorption costing. If this target is met, a hefty
bonus would be paid to the CEO of the company. Keeping everything
else the same from above, change the units produced in Year 2 to
4,400 units.
What is the net operating...
a. what is the net operating income (loss) in year 1 under absorption costing? b. what...
a. what is the net operating income (loss) in year 1 under
absorption costing?
b. what is the net operating income (loss) in year 2 under
absorption costing?
c. what is the net operating income (loss) in year 1 under
variable costing?
d. what is the net operating income (loss) in year 2 under
variablecosting?
2. Change all of the numbers in the data area of your worksheet so that it le А B С 1 Chapter 4: Applying Excel...
Exercise 5-9 Variable and Absorption Costing Unit Product Costs and Income Statements [LO5-1, LO5-2, LO5-3] Walsh...
Exercise 5-9 Variable and Absorption Costing Unit Product Costs and Income Statements [LO5-1, LO5-2, LO5-3] Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses $ $ 240,000 60,000 During its first year of operations, Walsh produced 50,000 units and sold...
Complete Absorption Costing vs. Variable Costing Income statements for Randeris Company, Year 1 & Year 2....
Complete Absorption Costing vs. Variable Costing Income
statements for Randeris Company, Year 1 & Year 2.
RANDERIS COMPANY - YEAR ONE 30,000 25,000 30 $ $ 10 Number of units produced Number of units sold Unit sales price Variable costs per unit: Direct materials, direct labor variable mfg. overhead Selling & administrative expenses Fixed costs per year: Manufacturing overhead Selling & administrative expenses $ 3 $ 150,000 $100,000 RANDERIS COMPANY - YEAR TWO 20,000 25,000 5,000 30 $ Number of...
l
Question 10 Consider the following information: Net operating income under variable costing Increase in inventory during the period Fixed manufacturing overhead Number of units produced during the period $25,000 2,000 units $50,000 10,000 units Based on the above information, the net operating income under absorption costing is: O $15,000 $35,000 O $75,000 O $10,000
find net operating income (loss) for year 1 under absorption
costing
find net operating income (loss) for year 2 under absorption
costing
find net operating income (loss) for year 1 under variable
costing
find net operating income (loss) for year 2 under variable
costing
area of your worksheet so that it А B с Chapter 6: Applying Excel Data $ 344 $ 146 Selling price per unit Manufacturing costs: Variable per unit produced: Direct materials Direct labor Variable manufacturing overhead...
(e) The net operating income (loss) under absorption costing is
less than the net operating income (loss) under variable costing in
Year 2 because: (You may select more than one answer.
Single-click the box with the question mark to produce a checkmark
for a correct answer and double click the box with the question
mark to empty the box for a wrong answer. Any boxes left with a
question mark will be automatically graded as
incorrect.)
Units were left over...
(e)
The net operating income (loss) under absorption costing is less
than the net operating income (loss) under variable costing in Year
2 because (Select all that apply.):
3.
Make a note of the absorption costing net operating income
(loss) in Year 2.
At the end of Year 1, the company’s board of directors set a
target for Year 2 of net operating income of $70,000 under
absorption costing. If this target is met, a hefty bonus would...
A) What is the net operating income (loss) in Year 2
under absorption costing?
B) At the end of Year 1, the company’s board of
directors set a target for Year 2 of net operating income of
$20,000 under absorption costing. If this target is met, a hefty
bonus would be paid to the CEO of the company. Keeping everything
else the same from above, change the units produced in Year 2 to
4,400 units.
What is the net operating...
a. what is the net operating income (loss) in year 1 under
absorption costing?
b. what is the net operating income (loss) in year 2 under
absorption costing?
c. what is the net operating income (loss) in year 1 under
variable costing?
d. what is the net operating income (loss) in year 2 under
variablecosting?
2. Change all of the numbers in the data area of your worksheet so that it le А B С 1 Chapter 4: Applying Excel...
Exercise 5-9 Variable and Absorption Costing Unit Product Costs and Income Statements [LO5-1, LO5-2, LO5-3] Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses $ $ 240,000 60,000 During its first year of operations, Walsh produced 50,000 units and sold...
Complete Absorption Costing vs. Variable Costing Income
statements for Randeris Company, Year 1 & Year 2.
RANDERIS COMPANY - YEAR ONE 30,000 25,000 30 $ $ 10 Number of units produced Number of units sold Unit sales price Variable costs per unit: Direct materials, direct labor variable mfg. overhead Selling & administrative expenses Fixed costs per year: Manufacturing overhead Selling & administrative expenses $ 3 $ 150,000 $100,000 RANDERIS COMPANY - YEAR TWO 20,000 25,000 5,000 30 $ Number of...
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