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Business, 19.05.2020 22:10, shadowangel84
Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data:Actual ResultsFlexible Budget VariancesFlexible BudgetSalesminusVolume VariancesStatic BudgetUnits sold500 comma 000500 comma 000457 comma 950Revenues$ 186 comma 650$ 4 comma 400 F(A)$ 6 comma 360 U(B)Variable costs(C)$ 870 U$ 71 comma 160$ 10 comma 100 F$ 81 comma 260Fixed costs$ 36 comma 020$ 3 comma 710 F$ 39 comma 7300$ 39 comma 730Operating income$ 78 comma 600(D)$ 71 comma 360(E)$ 67 comma 620What are the actual variable costs (C)?
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Answers: 2
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Business, 22.06.2019 06:30, brony2199
"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
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Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced...
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