User Account

All Pages

Find what income under absorption costing is

Assignment Help Managerial Accounting
Reference no: EM132520508

Question 1: Green Company sells its product for $10800 per unit. Variable costs per unit are: manufacturing, $5000; and selling and administrative, $120. Fixed costs are: $33600 manufacturing overhead, and $43600 selling and administrative. There was no beginning inventory at 1/1/18. Production was 24 units per year in 2018-2020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under absorption costing for 2019 is

Option 1: $36400.

Option 2: $42000.

Option 3: $44400.

Option 4: $78400.

Reference no: EM132520508

Questions Cloud

What is the relative humidity of air parcel : The saturation mixing ratio of an air parcel at 25 degrees C is 24 g/kg. Your air parcel has an H2O vapor content of 16 g. What is the relative
What endocrine disorder is js suffering from : J.S. a 30-year-old woman, presents at her primary care office complaining of feeling nervous and anxious. She states that she even feels as if her heart
Explain the actions needed t address stakeholders concerns : Propose a solution to the ethical dilemma. Explain the actions needed to properly address all stakeholders concerns. Explain the impact of the solution.
Calculate the number of units sold during july : The Delta company uses a periodic inventory system. Calculate the number of units sold during July 2018. Compute the Cost of goods sold in July
Find what income under absorption costing is : Production was 24 units per year in 2018-2020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under absorption costing for 2019 is
Compare and contrast the four classes of macromolecules : Compare and contrast the four classes of macromolecules listed in terms of their structure, function, synthesis, and significance to the cell: 1. Proteins
President effect in appointing federal judges : President's Effect in Appointing Federal Judges and Analysis of the 2013 Decision Regarding DOMA.
What is multiple sclerosis : What is multiple sclerosis and how are the neurons affected?
What net income be under variable costing for alternative : What would the net income be under variable costing for each alternative? The Colin Division of Mochrie Company sells its product for $30 per unit.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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