Determine the total number of units produced during the year

Assignment Help Financial Management
Reference no: EM131130861

Badlands, Inc. reports the following information for the year ended December 31: Units sold 640 units Sales price $120 per unit Direct materials $28 per unit Direct labor $9 per unit Variable manufacturing overhead $15 per unit Fixed manufacturing overhead $12 per unit Variable selling and administrative costs $4 per unit Fixed selling and administrative costs $12,700 per year The operating income calculated using variable costing and absorption costing amounted to $9,400 and $11,200 respectively. There were no beginning inventories. Determine the total number of units produced during the year.

Reference no: EM131130861

Questions Cloud

Provide proposal to solve a problem in your local community : Imagine that you own a company that has been asked to provide a proposal to solve a problem in your local community.
Why do financial managers have some difficulty applying capm : Why do financial managers have some difficulty applying CAPM in financial decision making? Generally, what benefit does CAPM provide them?
Analyze the issue using the economic concepts and theory : Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course.
Working in telemarketing makes telephone calls : A woman working in telemarketing makes telephone calls to private homes according to a Poisson process with rate λ = 100 per (working) day. We estimate that the probability that she succeeds in selling her product, on a given call, is equal to 5%,..
Determine the total number of units produced during the year : Badlands, Inc. reports the following information for the year ended December 31: Units sold 640 units Sales price $120 per unit Direct materials $28 per unit Direct labor $9 per unit Variable manufacturing overhead $15 per unit Fixed manufacturing ov..
What are some of the debates concerning the aca : Does Blue Ridge Paper Products' (BRPP) policy differ from a traditional employee stock ownership plan (ESOP)? What are the implications? Are there any ethical concerns in the case? Why? Why not?
How would you describe the author style and tone : The Passage "Turning Off, Dining In" what was the author main point? How would you describe the author's style and tone
When is the coefficient of variation preferred over standard : When is the coefficient of variation preferred over the standard deviation for comparing asset risk?
Certain device occur according to a poisson process : The breakdowns of a certain device occur according to a Poisson process with rate λ = 2 per weekday, and according to a Poisson process (independent of the first process) with rate λ = 1.5 per weekend day.

Reviews

Write a Review

Financial Management Questions & Answers

  Explain the consolidated ?nancial statements of bgi

Describe the various circumstances under which May & Marty could take responsibility for the work of Dey & Dee and make no reference to Dey & Dee's examination of BGI-Western in its own report on the consolidated ?nancial statements of BGI.

  Develop a cash budget for his latest venture

To avoid any uncertainty regarding his business' financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM)

  Family of four living in large metropolitan area

Explain what coverage's would be needed for a family of four living in a large metropolitan area. Both adult members are employed at a major firm in the area and one child is 8 years old and the other is 3 years old. Assume they have a mortgage and e..

  Compute the EPS for both Plan

Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, Kyle would have 795,000 shares of stock outstanding. Compute the EPS for both Plan

  Concerning preferred stock

Which of the following statements is most CORRECT concerning preferred stock?

  What is the fundamental weakness of the gap ratio

What is the fundamental weakness of the GAP ratio as compared with GAP as a measure of interest rate risk?

  What is the sensitivity of npv to each of these variables

McGilla Golf has decided to sell a new line of golf clubs. The company would like to know the sensitivity of NPV to changes in the price of the new clubs and the quantity of new clubs sold. The clubs will sell for $700 per set and have a variable cos..

  Discuss dynamics engineering costing procedures.

Please make your initial post by midweek, and respond to at least one other student's post by the end of the week. Please check the Course Calendar for specific due dates.

  Working-capital requirements

The Shome Corporation, a firm in the 34 percent marginal tax bracket with a 15 percent required rate of return or cost of capital, is considering a new project. The project involves the introduction of a new product. Working-capital requirements Ther..

  Why is developing a financial plan an important part of the

nbsp1. library research - provide 2 companies that have differentiated between cash and profits. how did the approach

  What is the yield to maturity

A $1,000 par bond with 8 years to maturity is currently priced at $946. Annual interest payments are $90. What is the yield to maturity?

  Some serious credit card debt

Your neighbor has gotten into some serious credit card debt, and currently owes $18,742 with an interest rate of 19% APR. Making the minimum payment of $413 per month, how long will it take to pay off this loan? Enter answer in months, to two decimal..

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