Evaluate the absorption costing net operating income

Assignment Help Cost Accounting
Reference no: EM1374933

Variable costing net operating income, last year....$55,800

Increase in ending inventory, last year....3,600

Variable costing net operating income, this year....$74,500

Fixed manufacturing overhead cost per unit...$7

Decrease in ending inventory, this year...1,500

a. Evaluate the absorption costing net operating income for last year

b. Evaluate the absorption costing net operating income for this year

Reference no: EM1374933

Questions Cloud

Solving multiple choice problems : Carl is deciding whether or not to make a farm. If he makes a farm, he will earn a $50,000 grant from the government. For every 100 head of cattle that he increase and sells.
Changes in isoquant and input prices : A nation has a fixed amount of Capital and Labor which lies on aggregate isoquant when all inputs are being used efficiently.
How information systems are changing several aspects : Explain how data systems are changing several aspects of the accounting profession. Include a description of a variety of new technologies and their effects on accounting processes.
Women frequently find barriers when moving towards the top : Women frequently find barriers when moving towards the top. Is there any intelligence in your mind that there are barriers to women's advancement in the firm
Evaluate the absorption costing net operating income : Evaluate the absorption costing net operating income for last year and evaluate the absorption costing net operating income for this year
Credit memo in the bank statement : A credit memo in the bank statement shows a bank collection of a note for $1,300 with interest received of $16. This item was dated 18th May.
Impacts of innovation and technology : What do you think about the most important determinants that impact demand for banking industry's product or service and determine the impacts of innovation and technology on the cost of production?
Importance of the study and hypothesis : State your project's problem, sub-problems, data needed, assumptions and delimitations, importance of the study and hypothesis.
What would be your biggest concerns regarding risk and why : Briefly explain what you would consider to be the top five vulnerabilities of Vista/Windows 7 and describe what are three similarities and three differences between the Trust Services Principles and COBIT 4.1?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Determine the maximum capital loss amount

What is the profit or loss that Alicia should report (again, ignore any gift tax that will have been paid on the transfer from Batista to Alicia) Determine the maximum capital loss amount that Abena can use to offset her other income?

  Evaluate the total of each production cost

Evaluate the total of each production cost incurred for April (direct materials, direct labor, and applied overhead), and the total cost related to each job (including the balances from 31 st March).

  What is the balance in cartwrights capital account

What is the balance in Cartwright's capital account at the end of that year?

  What is the recognized profit or loss

What is the recognized profit or loss on the sale of the building and the character of the profit?

  Evaluate what is emma''s basis in her partnership interest

Evaluate what is Emma's basis in her partnership interest and find what is Laine's basis in her partnership interest what basis does the partnership take in property transferred by Laine

  Prepare entry for this transaction

Interest is payable on November 1 st and May st. (Assume a 360 day year 30 day months) - Prepare the 09/21/08 entry for this transaction.

  Evaluate the sales tax on purchase price

One printing press was new, and the other was used by a business that currently filed for bankruptcy. Costs related to new printing press

  Find interest rate helping you understand your plan

what is the interest rate helping you understand your plan, if you save your money right now?

  What will the customer are charged

Which of the following is not a relevant value in this problem and What will the customer are charged

  How would the selling price of the bonds be evaluated

How would the selling price of the bonds be evaluated

  What is acmes selection of costing system

Evaluate cost of the ending work in process of the department

  What is the importance of division field

found that most of the past due accounts were related to a positive division, would it make a difference in your audit approach?

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