If fixed costs are $234,000, the unit selling price is $123, and the unit variable costs are $80, what is the break-even sales (units)? a.5,442 units b.1,902 units c.1,153 units d.2,925 units     At the end of the year, overhead applied was $3,728,000. Actual overhead was $3,377,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a.decrease by $702,000 b.increase by $351,000 c.decrease by $351,000 d.increase by $702,000     Bryce Co. sales are $881,000, variable costs are $460,800, and operating income is $288,000. What is the contribution margin ratio? a.47.7% b.52.3% c.57.5% d.43.4%

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A: The ending inventory in the financial statement is based on the product cost. So selling expenses…

Q: The following cost information was provided to you for analysis:                            August…

A: The mixed costs canbe separated as variable and fixed cost using high low method.

Q: Last Year, Omegle Company produced 25,000 juicers and sold 26,500 juicers for P60 each. The actual…

A: Absorption Costing - In this costing method cost associated with the manufacturing of a product is…

Q: Lecheflan Company is expected to operate at normal capacity and plans to manufacture 275,000 units…

A: Solution: Fixed overhead per unit = P300,000 / 25000 = P12 per unit

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Q: a company produces certain items at a labor cost of P 115 each, material cost of P 76 each and…

A: Break even point is that point where total cost and total revenue are equal ,i.e., there is no…

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A: The profit is determined by subtracting the fixed costs from the contribution, where the…

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A: Variable cost:-  Variable cost is the cost that a company incurs while manufacturing a product. This…

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A: The contribution margin can be stated as a percentage of the total or as a percentage of each unit…

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A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

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A: The decisions making process do not consider the fixed expense because it is irrelevant in decisions…

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A: Solution:- Calculation of fixed costs per month as follows under:- Total production cost = Fixed…

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A: Absorption Costing: Absorption costing, also called full costing, is what you are used to under…

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A: Cost per unit is the total of variable and fixed costs divided by the total units produced. Variable…

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A: Variable cost per unit = Total variable costs / Units = $32,500 / 5000 = $6.5  Variable costs at…

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A: Overhead cost: The costs other than the direct costs such as insurance, interest, repairs, taxes…

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A: Contribution margin analysis is used to determine the various sales level. It mainly helps the firm…

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A: The question is related to the Decision Making. Incremental cost are relevant for decision making.

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A: Variable cost means the cost which vary with the level of output where as fixed cost remains fixed…

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A: Margin of safety % = [current sales units - Break even sales units]/Current sales in Units

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A: Variable cost per unit = Total variable cost / Total units = $697284/8400 = $83.01 per unit

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A: Fixed cost:It is the cost that would not change with an increase or decrease in the number of goods…

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A: Fixed cost refers to that cost that remains fixed it does not change with the changing level of…

Q: uring the month of August, Amer Corporation produced 12,000 units and sold em for P20 per unit.…

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A: Answer) Calculation of number of units to be produced to breakeven Number of units to be produced =…

Q: ABC Company sells a single product at a price of $250 per unit. Direct material is $45, direct labor…

A: Breakeven sales is the amount of sales revenue at which business is recovering its fixed costs and…

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A: Breakeven point is the point at which there is no profit and no loss. this point the contribution is…

Q: Assume the following information for a company that produced 10,000 units and sold 8,000 units…

A: Given Sale price 200 Unit sold in the first year 8000 Units sold in the second year 10000

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A: Break even units = (Fixed cost/overhead) /contribution margin per unit

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A: Given information

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A: A budget is an estimation that is prepared for a future time period so as to determine the estimated…

Q: The following information is available for Henderson Components for the year just ended. Sales price…

A: Since we answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question and…

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A: Contribution Margin: Contribution margin is the selling price of a product. It represents the money…

Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.