Homework Answers
| Sales | 18000*12 | 216000 |
| Less: | ||
| Direct Material | (25000/20000)*18000 | 22500 |
| Direct labour | (35000/20000)*18000 | 31500 |
| Variable factory overhead | (12000/20000)*18000 | 10800 |
| Variable selling Expense | (9000/18000)*18000 | 9000 |
| Contribution margin | 142200 | |
| Less: | ||
| Fixed Expenses | (37000+7500+15500) | 60000 |
| Operating Income | 82200 |
Answer is $ 82,200
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93%C4) Sun 9:40 AM v2.cengagenow.com CengageNOWV2 Online teaching and les Updates Available Do you want to...
A v2.cengagenow.com oduce Yourself Campus Solutions | PantherSoft Sig. Cengage CengageNOWV2 | Online teaching a. Delta...
A v2.cengagenow.com oduce Yourself Campus Solutions | PantherSoft Sig. Cengage CengageNOWV2 | Online teaching a. Delta Essa Touch20 Technology Sin eBook Calculator Classifying Costs The following is a list of costs that were incurred in the production and sale of lawn mowers. Classify each of the costs as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost...
I have completed parts 1-8, and I am looking for assistance on parts 9-10 You have...
I have completed parts 1-8, and I am
looking for assistance on parts 9-10
You have just been promoted to the position of controller at the Stanley Corporation. The company is based in Moosic, PA. The company manufactures unfinished wooden book shelves. Projected sales in units for the first six months: January 20,000 February 22,000 March 26,000 April 31,000 May June 22,000 37,000 Fixed Cost Component $187,000 Variable Cost Component $ 2.00 The unit selling price is $240. Salaries Commissions...
utject) - anastasisge. Assignments - Spring 2020 H Chapter 19 Assignment - Sprin... CengageNOW2 Online teac.....
utject) - anastasisge. Assignments - Spring 2020 H Chapter 19 Assignment - Sprin... CengageNOW2 Online teac.. Math 144) Section 3.1 Homew... Result of solution using a eBook Calculator Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of safety, and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 2017 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods...
need help thank you Collins Inc. has gathered the following budgeting information for next year and...
need help thank you
Collins Inc. has gathered the following budgeting information for next year and has asked you to prepar their master budget. Sales for the final quarter of the prior year total 1,400 units. Expected sales (in units) for the current year are: 1,260 (Quarter 1), 840 (Quarter 2), 1,120 (Quarter 3), and 1120 (Quarter 4). Sales for the first quarter of the following year total 1,680 units. The selling price is $470 per unit in the first...
Use all available data (Assumptions Row 4-Row 52, Balance Sheet for 2016, results from other Soultions)...
Use all available data (Assumptions Row 4-Row 52,
Balance Sheet for 2016, results from other Soultions) Answer format
also included.
1a. Create a DIRECT MATERIALS BUDGET for the year
ended December 31, 2017.
1b. Create a SCHEDULE OF EXPECTED CASH DISBURSEMENTS FOR PURCHASES
OF MATERIALS for the year ended December 31, 2017.
2. Create a DIRECT LABOR BUDGET for year ended
December 31, 2017.
3. Create a MANUFACTURING OVERHEAD BUDGET for the year
ended December 31, 2017.
Budgeted Unitsales 01...
this is all the information i have do you mean the picture is unclear? Exercise 1-11...
this is all the information i have do you mean the picture is
unclear?
Exercise 1-11 Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 50,000 to 90,000 units is given below Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to do = = ). General Calibri B I 11 . Font - A A . .A. Wrap Text Merge & Center. U $ . % * 3 Alignment Number Clipboard R14 4. A . B C D G H nter the last 4 digits of your student ID number 4 Name/s: 7 Save this file in EXCEL FORMAT as: P2 Lastname 8 Round all...
Anwser all questions and Show work 1 Carr Company provides human resource consulting services to small...
Anwser all questions and Show work
1 Carr Company provides human resource consulting services to small and medium-sized companies. Last year, Carr provided services to 700 clients. Total fixed costs were $159,000 with total variable costs of $87,500. Based on this information, complete this chart: (10 points) Solution 500 clients 800 clients 900 clients Total costs Fixed costs Variable costs Total costs Cost per client Fixed cost Variable cost Total cost per client $ 159,000 62.500 22500 $159.000 100000 254.000...
Problem 7-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 The management of...
Problem 7-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets S 48,e00 438,750 87,980 383,760 958,410 616,000 158,000 458,800 S 1,416,410 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note...
Please help to correct the red x marks for each required step. I am missing just...
Please help to correct the red x marks for each required step. I
am missing just a little bit of what to do. Solve for required 3,
and 6-10 as images display.
Required information [The following information applies to the questions displayed below.) Endless Mountain Company manufactures a single product that is popular with outdoor recreation enthusiasts. The company sells its product to retailers throughout the northeastern quadrant of the United States. It is in the process of creating a...
A v2.cengagenow.com oduce Yourself Campus Solutions | PantherSoft Sig. Cengage CengageNOWV2 | Online teaching a. Delta Essa Touch20 Technology Sin eBook Calculator Classifying Costs The following is a list of costs that were incurred in the production and sale of lawn mowers. Classify each of the costs as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost...
I have completed parts 1-8, and I am
looking for assistance on parts 9-10
You have just been promoted to the position of controller at the Stanley Corporation. The company is based in Moosic, PA. The company manufactures unfinished wooden book shelves. Projected sales in units for the first six months: January 20,000 February 22,000 March 26,000 April 31,000 May June 22,000 37,000 Fixed Cost Component $187,000 Variable Cost Component $ 2.00 The unit selling price is $240. Salaries Commissions...
utject) - anastasisge. Assignments - Spring 2020 H Chapter 19 Assignment - Sprin... CengageNOW2 Online teac.. Math 144) Section 3.1 Homew... Result of solution using a eBook Calculator Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of safety, and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 2017 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods...
need help thank you
Collins Inc. has gathered the following budgeting information for next year and has asked you to prepar their master budget. Sales for the final quarter of the prior year total 1,400 units. Expected sales (in units) for the current year are: 1,260 (Quarter 1), 840 (Quarter 2), 1,120 (Quarter 3), and 1120 (Quarter 4). Sales for the first quarter of the following year total 1,680 units. The selling price is $470 per unit in the first...
Use all available data (Assumptions Row 4-Row 52,
Balance Sheet for 2016, results from other Soultions) Answer format
also included.
1a. Create a DIRECT MATERIALS BUDGET for the year
ended December 31, 2017.
1b. Create a SCHEDULE OF EXPECTED CASH DISBURSEMENTS FOR PURCHASES
OF MATERIALS for the year ended December 31, 2017.
2. Create a DIRECT LABOR BUDGET for year ended
December 31, 2017.
3. Create a MANUFACTURING OVERHEAD BUDGET for the year
ended December 31, 2017.
Budgeted Unitsales 01...
this is all the information i have do you mean the picture is
unclear?
Exercise 1-11 Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 50,000 to 90,000 units is given below Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to do = = ). General Calibri B I 11 . Font - A A . .A. Wrap Text Merge & Center. U $ . % * 3 Alignment Number Clipboard R14 4. A . B C D G H nter the last 4 digits of your student ID number 4 Name/s: 7 Save this file in EXCEL FORMAT as: P2 Lastname 8 Round all...
Anwser all questions and Show work
1 Carr Company provides human resource consulting services to small and medium-sized companies. Last year, Carr provided services to 700 clients. Total fixed costs were $159,000 with total variable costs of $87,500. Based on this information, complete this chart: (10 points) Solution 500 clients 800 clients 900 clients Total costs Fixed costs Variable costs Total costs Cost per client Fixed cost Variable cost Total cost per client $ 159,000 62.500 22500 $159.000 100000 254.000...
Problem 7-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets S 48,e00 438,750 87,980 383,760 958,410 616,000 158,000 458,800 S 1,416,410 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note...
Please help to correct the red x marks for each required step. I
am missing just a little bit of what to do. Solve for required 3,
and 6-10 as images display.
Required information [The following information applies to the questions displayed below.) Endless Mountain Company manufactures a single product that is popular with outdoor recreation enthusiasts. The company sells its product to retailers throughout the northeastern quadrant of the United States. It is in the process of creating a...
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