Reference no: EM131193704
Homework
Funny Pumps is a division of BC Controls Corporation. The division manufactures and sells the pumps that are used in a wide variety of applications. During the coming year it expects to sell 25,000 units for $17 per unit. John Thistle manages the division. He considers producing either 25,000 or 35,000 units during the period. Other important information is presented in the schedule:
Division information - 2015:
Beginning inventory 0
Expected sales in units 25,000
Selling price per unit $17.00
Variable manufacturing cost per unit $6.00
Fixed manufacturing overhead cost (total) $140,000
Fixed manufacturing overhead costs per unit:
based on 25,000units $5,60 per unit ($140,000/25,000)
based on 35,000 units $4.00 per unit ($140,000/35,000)
Manufacturing cost per unit:
based on 25,000units $ 11.60 per unit ($6.00 variable + $5.60 fixed)
Based on 35,000 units $ 10.00 per unit ($6.00 variable + $4.00 fixed)
Selling and administrative expense (all fixed) $37,000
Required: Prepare a variable costing income statement with two columns - one should show the results if 25,000 units are produced, and the second column should show the results if 35,000 units are produced.
Discuss some of the benefits and costs of globalization
: Discuss some of the benefits and costs of globalization for the U.S. economy. How should the U.S. respond to the challenges of globalization? In the short run and long run, how has globalization affected the conduct of monetary and fiscal policy in t..
|
Fixed focal length f to focus
: In order for a film camera with a fixed focal length F to focus on an object located a distance x from the lens, the film must be placed a distance y behind the lens. F, y, and x are related as follows
|
Factors that adversely influenced water quality
: Experts claim that the water supply system in the U.S. is the safest and most drinkable in the world. Write a research report on factors that have adversely influenced water quality in other parts of the world.
|
Discuss the likelihood of the criminal justice system
: Determine the role that you believe the corrections system has played in determining if addiction is an illness, disorder, or disease. Provide a rationale to support your response.
|
Create a variable costing income statement with two columns
: Prepare a variable costing income statement with two columns - one should show the results if 25,000 units are produced, and the second column should show the results if 35,000 units are produced.
|
Fed shifts to a more expansionary monetary policy
: If the Fed shifts to a more expansionary monetary policy, it will generally buy Treasury bonds in the open market. The federal funds rate. (The inter-bank interest rate). The reserves available to banks. Household spending on consumer durables. The e..
|
Prepare a gross margin income statement
: Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross Margin Income Statement for the month of July 2015. Assume the company produced and sold 5,000 units.
|
Assignment-business intelligence and data warehouses
: Businesses today are extremely reliant on large amounts of data for making intelligent business decisions. Likewise, the data warehouses are often structured in a manner that optimizes processing large amounts of data.
|
Describe an activity you would do with the child based
: Explain how using this activity would allow you to be able to determine the child's specific struggles in this area of need. Be specific. Discuss how you used your knowledge of developmental milestones to assist you in creating this informal diag..
|