Dollar value of the ending inventory under variable costing

Assignment Help Operation Management
Reference no: EM13819192

A company produces a single product. Variable production costs are $13.0 per unit and variable selling and administrative expenses are $4.0 per unit. Fixed manufacturing overhead totals $46,000 and fixed selling and administration expenses total $50,000. Assuming a beginning inventory of zero, production of 5,000 units and sales of 4,100 units, the dollar value of the ending inventory under variable costing would be:

a. $11,700

b. $19,800

c. $15,300

d. $8,100

Reference no: EM13819192

Questions Cloud

Execution and evaluation of the fry : Where was the problem with the Burger King franchises in implementation, execution and evaluation of the fry? Who has superior leadership and culture for strategic purposes Burger King or MacDonald?
Planning is underway for the production : Acme Home Furnishings supplies decorative items to department stores. Planning is underway for the production of the following items during the next production period: Acme has 3000 yards of material in stock for this production period. Five hundred ..
Assuming steady-state operation before the thunderstorm : Airplanes arrive for take-off at the runway of an airport according to a Poisson process at a mean rate of 20 per hour. The time required for an airplane to take off has an exponential distribution with a mean of 2 minutes, and this process must be c..
Three of the characteristics of consumer situations : List and describe three of the characteristics of consumer situations; in each case provide an example to illustrate the type of characteristic. State at least three facts about each characteristic.
Dollar value of the ending inventory under variable costing : A company produces a single product. Variable production costs are $13.0 per unit and variable selling and administrative expenses are $4.0 per unit. Fixed manufacturing overhead totals $46,000 and fixed selling and administration expenses total $50,..
Explain two of the three types of decision making : A brand manager needs your assistance in understanding consumer decision making. She wants you to- Explain TWO of the three types of decision making in which consumers engage; in each case, provide two examples of the type of decision making;
Determine best supplier for the company using expected value : Leevi Starch in Problem S1-7 estimates that the probabilities of future global changes in oil prices are 0.09 that they will decrease, 0.27 that they will remain the same, and 0.64 that they will decrease. Determine the best supplier for the company ..
Process capability ration and process capability index : Elon Corporation manufacturers parts for an aircraft company. It uses a computerized numerical controlled (CNC) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of 0.024 inch. Compute the ..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Discuss application of the 3 stages of facility location

Read the Location Selection through Integrated Systems Management article. Define Integrated Systems Management in your own words.

  A suitable bi software solution to depict data

You meet with them to discuss the matter. Using the Internet and suggested readings, discuss your recommendation (with a brief rationale) for a suitable BI software solution to depict this data.

  Which ones have the most impact on your choices

Consider the diverse means of differentiating products and services. Which ones have the most impact on your choices? Why?

  Describe the eight general strategies in the business buying

Describe the eight general strategies in the business buying decision process.

  What is the present value of each investment

Investment B requires an initial investment of $45,000 but will return $60,000 in two years. You choose a discount rate of 10% to make your decision. Q-3a: What is the present value of each investment?

  Managing employees and diverse workforce

Many states have banned smoking in public places, such as restaurants, shopping stores, and government offices. Many businesses also do not allow workers to smoke in the office, often designating smoke free areas.

  Evaluate the projected cost and time savings

Evaluate three pros and three cons of e-prescribing. Summarize the e-prescription standards as described by the National Council for Prescription Drug Programs. Evaluate the projected cost and time savings as estimated by the United States Department..

  Jfferson and sons has net assets of 807200 net equity of

jefferson and sons has total assets of 807200 total equity of 509500 total sales of 945300 and net income of 25600.

  What are the provisions of the landrum-griffin act of 1959

What are the provisions of the Landrum-Griffin Act of 1959 that gave union members a Bill of Rights through the variety of reporting and disclosure obligations now required by the officers of the labor organizations.

  What is the time constraints

Each keg of Dark beer needs 4 minutes of time and 3 gallons of malt extract. Profits for Lite beer are $3.00 per keg and profits for Dark beer are $2.00 per keg. What is the time constraints?

  Paper comparing the two primary considerations

Write a paper comparing the two primary considerations, from the aviation security viewpoint, of both landside and terminal security system design planning.

  Brief summary on supply management

Brief - write a one page Brief (Overview, Key Points, and Summary) using one of the following publications-Harvard Business Review, Wall Street Journal, The Economist, Institute for Supply Management Magazine

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd