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Net Income Planning Selected operating data for Oakbrook Company in four independent situations are shown below. Fill in the blanks for each independent situation. D Sales $325,000 $130,000 24 c. $ e. f. $ Variable expense $101,000 $4 a. g. b. $62,000 $48,200 $44,500 Fixed expense Net income (loss) before tax $15,000 $15,000 $28,800 $(5,500) Units sold 30,000 d. Unit contribution margin $5.20...
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***If you are able to explain how you got the results it
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Which 1,379 pullidst UIULIS ult lju 1. Break-Even Calculations Compute the break-even point in units for each of the following indepen dent situations: Unit Selling Price $12.00 15.00 8.75 Unit Variable Cost $8.00 11.00 2.50 Total Fixed Cost $ 87,000 146,000 52,000 o so Using the break-even point in units, calculate the break-even point in revenue. Confirm the break-even point in revenue...
If you are able to explain how you got your results it would really help me....
If you are able to explain how you got your results it would
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Make or Buy Allen Corporation currently makes the nylon convertible top for its main product, a fiberglass boat designed especially for water skiing. The costs of producing the 1,500 tops needed each year follow: Nylon fabric $290,000 Aluminum tubing 96,000 Frame fittings 24,000 162,000 Direct labor Variable manufacturing overhead 30,000 Fixed manufacturing overhead 152,000 Dustin Company, a specialty fabricator of synthetic materials,...
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03 E2-6B. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fic year, Kelly Metal Products Corporation collected the following data for 2019: Materials inventory, January 1 ...... Materials inventory, December 31 .. Work-in-process inventory, January 1 ..... Work-in-process inventory, December 31 ..... Finished goods inventory, January 1 ..... Finished goods inventory, December 31 ...... Net delivered cost...
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E8-4A. Special Order Carson Manufacturing, Inc., sells a single product for $36 per unit. At an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. Carson has been offered a price of $20 per unit on a special order of 2,000 units by Big Mart Dis- count Stores, which would use its own brand...
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***If you are able to explain how you got the results it
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I LOPP P7-3A. Variable and Absorption Costing Scott Manufacturing makes only one product with total unit manufacturing costs of $54, of which $40 is variable. No units were on hand at the beginning of 2010 During 2019 and 2020, the only product manufactured was sold for $65 per unit, and the cost structure did not change. Scott uses the first-in, first-out inventory...
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ES LO2 E3-3A. Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing anticipates the following costs, expenses, and operating data: OWO ome MBC Direct material (16,000 lb.). ..... Direct labor (@ $10/hr.) ...... Indirect materials . . . . . . . . . . . Indirect labor. ........... Sales commissions............ Factory administration ..... Nonfactory administrative expenses. ... Other manufacturing overhead* ...........
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LO3 E2-6A. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: MBC ...... Materials inventory, January 1 .... Materials inventory, December 31..... Work-in-process inventory, January 1....... Work-in-process inventory, December 31 .. Finished goods inventory, January 1.. Finished goods inventory, December 31. Net delivered cost of materials purchased....
If you could please explain how you get the answer it would really help me 52-4A....
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52-4A. Prime Cost and Conversion Cost Piper Consulting Company incurred the following during 2019: LO2 SERVICE AND MERCHANDISING Somewort MBC Direct labor..... Overhead ...................... ............. Selling expenses ..... Administrative expenses..................... $ 45,000 90,000 40,000 100,000 Calculate prime cost and conversion cost for Piper Consulting Company during 2019. Product Cost Flows Number the following activities from 1 to 5 in the order corresponding to the LO2,...
If you could please explain how you solved this problem it would
help me understand. Thank you!
Net Income Planning Selected operating data for Oakbrook Company in four independent situations are shown below. Fill in the blanks for each independent situation. D Sales $325,000 $130,000 24 c. $ e. f. $ Variable expense $101,000 $4 a. g. b. $62,000 $48,200 $44,500 Fixed expense Net income (loss) before tax $15,000 $15,000 $28,800 $(5,500) Units sold 30,000 d. Unit contribution margin $5.20...
***If you are able to explain how you got the results it
would really help me. Thank you!***
Which 1,379 pullidst UIULIS ult lju 1. Break-Even Calculations Compute the break-even point in units for each of the following indepen dent situations: Unit Selling Price $12.00 15.00 8.75 Unit Variable Cost $8.00 11.00 2.50 Total Fixed Cost $ 87,000 146,000 52,000 o so Using the break-even point in units, calculate the break-even point in revenue. Confirm the break-even point in revenue...
If you are able to explain how you got your results it would
really help me. thank you!
Make or Buy Allen Corporation currently makes the nylon convertible top for its main product, a fiberglass boat designed especially for water skiing. The costs of producing the 1,500 tops needed each year follow: Nylon fabric $290,000 Aluminum tubing 96,000 Frame fittings 24,000 162,000 Direct labor Variable manufacturing overhead 30,000 Fixed manufacturing overhead 152,000 Dustin Company, a specialty fabricator of synthetic materials,...
If you could please explain how you get the answers it would
really help me
03 E2-6B. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fic year, Kelly Metal Products Corporation collected the following data for 2019: Materials inventory, January 1 ...... Materials inventory, December 31 .. Work-in-process inventory, January 1 ..... Work-in-process inventory, December 31 ..... Finished goods inventory, January 1 ..... Finished goods inventory, December 31 ...... Net delivered cost...
***If you are able to explain how you got the results it
would really help me. Thank you!***
E8-4A. Special Order Carson Manufacturing, Inc., sells a single product for $36 per unit. At an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. Carson has been offered a price of $20 per unit on a special order of 2,000 units by Big Mart Dis- count Stores, which would use its own brand...
***If you are able to explain how you got the results it
would really help me. Thank you!***
I LOPP P7-3A. Variable and Absorption Costing Scott Manufacturing makes only one product with total unit manufacturing costs of $54, of which $40 is variable. No units were on hand at the beginning of 2010 During 2019 and 2020, the only product manufactured was sold for $65 per unit, and the cost structure did not change. Scott uses the first-in, first-out inventory...
If you could please explain how you
get the answers it would really help me
If you could please explain how you get the
answers it would really help me
ES LO2 E3-3A. Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing anticipates the following costs, expenses, and operating data: OWO ome MBC Direct material (16,000 lb.). ..... Direct labor (@ $10/hr.) ...... Indirect materials . . . . . . . . . . . Indirect labor. ........... Sales commissions............ Factory administration ..... Nonfactory administrative expenses. ... Other manufacturing overhead* ...........
If you could please explain how you get the answers it would
really help me
LO3 E2-6A. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: MBC ...... Materials inventory, January 1 .... Materials inventory, December 31..... Work-in-process inventory, January 1....... Work-in-process inventory, December 31 .. Finished goods inventory, January 1.. Finished goods inventory, December 31. Net delivered cost of materials purchased....
If you could please explain how you get the
answer it would really help me
52-4A. Prime Cost and Conversion Cost Piper Consulting Company incurred the following during 2019: LO2 SERVICE AND MERCHANDISING Somewort MBC Direct labor..... Overhead ...................... ............. Selling expenses ..... Administrative expenses..................... $ 45,000 90,000 40,000 100,000 Calculate prime cost and conversion cost for Piper Consulting Company during 2019. Product Cost Flows Number the following activities from 1 to 5 in the order corresponding to the LO2,...
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