Determine controllable margin and total contribution, Cost Accounting

Phelps Glass Inc. has reported the following financial data: net revenues of $10 million, variable costs of $5 million, controllable, fixed costs of $2 million, non-controllable fixed costs of $1 million, and untraceable costs of $500,000. The accounting manager has supplied you with this data and untraceable costs of $500,000. The accounting manager has supplied you with this data and asked you to come up with the controllable margin, total contribution, CPC, and operating income.

 

Posted Date: 2/12/2013 7:26:52 AM | Location : United States







Related Discussions:- Determine controllable margin and total contribution, Assignment Help, Ask Question on Determine controllable margin and total contribution, Get Answer, Expert's Help, Determine controllable margin and total contribution Discussions

Write discussion on Determine controllable margin and total contribution
Your posts are moderated
Related Questions
Required Ledgers in Financial System In the financial Systems the Required ledgers are as: The General Ledger Debtors Ledger Creditors Ledger

Total Variable Overheads Variances  If Variable Overhead Expenditure Variance =  Shs.1, 330 Variable Overhead Efficiency Variance = Shs.320 Then total variable overheads

explain any five qualities of accounting profession

A 1- year Canadian bond with a face value of 5000 can be purchased at 4800. a) Calculate the nominal interest rate in Canada. b) if the Canadian dollar is expected to depreci

Bakers Bagels LLC produces and sells 20 types of bagels by the dozen. Bagels are priced at $6.00 per dozen (or $0.50 each) and cost $.020 per unit to produce. The company is consid

Cost Estimation  Cost estimation may be defined with 'a study that attempts to predict among costs and the activity level or cost driver that causes those costs. In practical


under which type of asset the investment comes


critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system