"What is the net operating income (loss) for the month under variable costing?" Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:elling price $ 108
Units in beginning inventory 0
Units produced 8,900
Units sold 8,500
Units in ending inventory 400
Variable costs per unit:
Direct materials $ 17
Direct labor $ 59
Variable manufacturing overhead $ 5
Variable selling and administrative expense $ 9
Fixed costs:
Fixed manufacturing overhead $ 133,500
Fixed selling and administrative expense $ 8,700
What is the net operating income (loss) for the month under variable costing?
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 01:40, foreverrocky12p2asun
At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win
Answers: 2
Business, 22.06.2019 20:30, whitems33982
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
Business, 22.06.2019 21:10, kayleerichards666
Acompany has two products: standard and deluxe. the company expects to produce 36,375 standard units and 62,240 deluxe units. it uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. budgeted activity of cost driver activity cost pool budgeted cost standard deluxe activity 1 $ 93,000 2,500 5,250 activity 2 $ 92,000 4,500 5,500 activity 3 $ 87,000 3,000 2,800 what is the overhead cost per unit for the standard units? what is the overhead cost per unit for the deluxe units? (round activity rate and cost per unit answers to 2 decimal places.)activity expected costs expected activity driver activity rate1 93,000 2 92,000 3 87,000 standard activity activity driver activity rate allocated costs1 2 3
Answers: 2
Business, 23.06.2019 01:30, peno211
Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.
Answers: 2
Do you know the correct answer?
"What is the net operating income (loss) for the month under variable costing?" Farris Corporation,...
Questions in other subjects:
Mathematics, 13.11.2020 19:20
Mathematics, 13.11.2020 19:20
Computers and Technology, 13.11.2020 19:20
SAT, 13.11.2020 19:20
