Enusah Motors Limited assembles and sells motor vehicles. It uses an actual costing system, in which unit costs are calculated on a monthly basis. The selling price per motor vehicle is ¢44,000. Data relating to January, February and March of 2020 are: January February March Unit data: Production (units) 1000 1000 900 Sales (units) 900 1040 940 100 60 20 Variable-cost data: Manufacturing costs per unit produced ¢16,000 ¢16,000 ¢16,000 Selling and Admin costs per unit sold 8,000 8,000 8,000 Fixed-cost data Manufacturing costs ¢2,400,000 ¢2,400,000 ¢2,400,000 Selling and Admin costs ¢1,600,000 ¢1,600,000 ¢1,600,000 Required: Compute the product cost per unit under both variable and absorption costing methods Present income statements for Enusah Motors in January, February and March of 2020 under Variable costing Absorption costing. Reconcile and explain the differences in operating profits under both costing methods
Answers: 1
Business, 22.06.2019 08:00, sanociahnoel
At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i. e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.
Answers: 1
Business, 22.06.2019 14:40, nathenq1839
Which of the following would classify as a general education requirement
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Business, 23.06.2019 00:50, alyssamiller401
Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one
Answers: 3
Business, 23.06.2019 01:40, Karinaccccc
The petty cash fund has a current balance of $ 350, which is the established fund balance. based on activity in the fund, it is determined that the balance needs to be changed to $ 450. which journal entry is needed to make this change?
Answers: 3
Enusah Motors Limited assembles and sells motor vehicles. It uses an actual costing system, in which...
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