Calculation of gross margin in absorption and marginal

Assignment Help Financial Accounting

Calculation of gross margin in absorption and marginal costing.

Gregson Enterprises, in its 1^st year of operations, reported the following information:

Selling price per unit	$100
Direct material per unit	5
Direct labor per unit	1
Unit-related overhead per unit	6
Selling cost per unit	2
Batch-related overhead for the year	500,000
Facility-sustaining overhead for the year	800,000
Fixed administrative cost for the year	650,000
Units produced	20,000
Units sold	15,000

What is Gregson absorption costing gross margin and profit?

What is Gregson variable contribution margin and profit?

What is Gregson ending inventory using absorption costing?

What is Gregson ending inventory using variable costing?

Decision making as to process further or sale outsonimad : decision making as to process further or sale out.sonimad sawmill manufactures two lumber products from a joint milling

Calculation budgeted direct raw material purchased for the : calculation budgeted direct raw material purchased for the third quarter.the jung corporations budget calls for the

Calculating the number of units to be sold to achieve : calculating the number of units to be sold to achieve targeted profit.selling price per unit- 40total fixed

Calculation of break even sales in dollarsselling price per : calculation of break even sales in dollars.selling price per unit-20total fixed expenses-5000variable expenses per

Calculation of gross margin in absorption and marginal : calculation of gross margin in absorption and marginal costing.gregson enterprises in its 1stnbspyear of operations

Accounting entries from the given informationcolo company : accounting entries from the given information.colo company sales journaldateaccount debitedinv.no.trans.no.ar debitnbsp

Multiple choice question based on cost accounting1 period : multiple choice question based on cost accounting.1. period costs for a manufacturing company would flow directly

Computation of cost of goods sold using the given datausing : computation of cost of goods sold using the given data.using the following data compute cost of goods sold.inventory