Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company
The differences in net operating incomes of variable and absorption costisng is ending inventory valuation.In ending valuation, fixed cost is considerd under absorption costing. But under variable costing, fixed cost is not considered.
Following table showing the reconciliation of operating incomes of variable costing and absorption costing:
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $956. Selected data for the company
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company's operations last year follow: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $773. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 14,000 Units sold 12,000 Units in ending inventory 2,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $904. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 23,000 Units sold 20,000 Units in ending inventory 3,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $877. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 11,000 Units sold 7,000 Units in ending inventory 4,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $945. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 18,000 Units sold 14,000 Units in ending inventory 4,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $822. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 14,000 Units sold 11,000 Units in ending inventory 3,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $904. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 23,000 Units sold 20,000 Units in ending inventory 3,000 Variable costs per unit: Direct materials $...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical Instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $806. Selected data for the company's operations last year follow: Units in beginning inventory Units produced 15,000 Units sold 12,000 Units in ending inventory 3,000 Variable costs per unit: Direct materials $ 220 Direct labor $360 Variable...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold to a Canadian importer for $874. Selected data for the company's operations last year follow: 0 Units in beginning inventory Units produced 11,000 Units sold 8,000 3,000 Units in ending inventory Variable costs per unit: 250 $ $...