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Question 9 2.5 pts X Company's cost of goods sold (COGS)...
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production...
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SGRA) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's costs: fotal COGS total SG&A costs LA. increase by 15% no change B. I no change increase by 15% no change no change...
X Company’s cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment,...
X Company’s cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company’s selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company’s total COGS and total SG&A costs: Group of answer choices COGS = increase by 15%; SG&A = increase by 15% COGS = increase by...
X Company’s cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment,...
X Company’s cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company’s selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company’s total COGS and total SG&A costs: Group of answer choices COGS = increase by 15%; SG&A = increase by 15% COGS = increase by...
please show work/give explaination 13. X Company's cost of goods sold (COGS) includes direct materials, direct...
please show work/give explaination
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's costs: total COGS total SG&A costs A increase by 15% no change B n o change increase by 15%...
15. Price is $10 per unit. At current sales volume, cost of goods sold (COGS) is...
15. Price is $10 per unit. At current sales volume, cost of goods sold (COGS) is $7 per unit and selling. general, and administrative (SG&A) costs are $5 per unit. Variable costs are $4 per unit. Total fixed costs are unknown. How much will the profit change in the short term if we sell 10 more units? Assume that the new volume is in the relevant range. A Jucrease by $20 B. increase by $30 Cincrease by $10 b. increase...
need help Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per...
need help
Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $24 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. increase by $240 O not enough information -- need to...
Acct 202... need help preparing the company's 2019 schedule of cost of goods manufactured. Required information...
Acct 202... need help preparing the company's 2019 schedule of
cost of goods manufactured.
Required information The following information applies to the questions displayed below! The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31,...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
need some help solving. thank you Question 15 2.5 pts Which of the following is the...
need some help solving. thank you
Question 15 2.5 pts Which of the following is the main difference between the short term and the long term? (select ALL correct answers) capacity resources can be adjusted in the short term but not in the long term direct labor can be adjusted in the short term but not in the long term capacity resources can be adjusted in the long term but not in the short term direct labor can be adjusted...
please help. thank you! Question 20 2.5 pts Estimate unit variable costs. Production volume was 10...
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Question 20 2.5 pts Estimate unit variable costs. Production volume was 10 units. fire insurance $100 depreciation $240 rent $200 assembly workers' wages $500 production supervisor's salary $120 direct materials $300 O $80 per unit O $104 per unit O $50 per unit O not enough information -- it depends on whether the relevant range is fixed or variable $30 per unit
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SGRA) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's costs: fotal COGS total SG&A costs LA. increase by 15% no change B. I no change increase by 15% no change no change...
please show work/give explaination
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's costs: total COGS total SG&A costs A increase by 15% no change B n o change increase by 15%...
15. Price is $10 per unit. At current sales volume, cost of goods sold (COGS) is $7 per unit and selling. general, and administrative (SG&A) costs are $5 per unit. Variable costs are $4 per unit. Total fixed costs are unknown. How much will the profit change in the short term if we sell 10 more units? Assume that the new volume is in the relevant range. A Jucrease by $20 B. increase by $30 Cincrease by $10 b. increase...
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Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $24 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. increase by $240 O not enough information -- need to...
Acct 202... need help preparing the company's 2019 schedule of
cost of goods manufactured.
Required information The following information applies to the questions displayed below! The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31,...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
need some help solving. thank you
Question 15 2.5 pts Which of the following is the main difference between the short term and the long term? (select ALL correct answers) capacity resources can be adjusted in the short term but not in the long term direct labor can be adjusted in the short term but not in the long term capacity resources can be adjusted in the long term but not in the short term direct labor can be adjusted...
please help. thank you!
Question 20 2.5 pts Estimate unit variable costs. Production volume was 10 units. fire insurance $100 depreciation $240 rent $200 assembly workers' wages $500 production supervisor's salary $120 direct materials $300 O $80 per unit O $104 per unit O $50 per unit O not enough information -- it depends on whether the relevant range is fixed or variable $30 per unit
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