Qthe management of gilmartin corporation a manufacturing

Assignment Help Cost Accounting
Reference no: EM13355501

Q:

The management of Gilmartin Corporation, a manufacturing company, has provided the following data for February:

Sales

$550,000

variable production expense

$104,000

Fixed production expense

$122,000

Variable selling expense

$24,000

Fixed selling expense

$102,000

Variable administrative expense

$56,000

Fixed administrative expense

$116,000

 The contribution margin for February was:

1. $366,000

2. $210,000

3. $26,000

4. $324,000

Reference no: EM13355501

Questions Cloud

Q on january 1 2007 burke corporation signed a 5-year : q on january 1 2007 burke corporation signed a 5-year noncancelable lease for a machine. the terms of the lease called
Q1the high-low method uses cost and activity data from just : q1.the high-low method uses cost and activity data from just two periods to establish a cost formula.a.
Q1 the reluctance of managers to lay off employees : q1. the reluctance of managers to lay off employees when activity declines in the short-run leads to an increase
Q1 if variable manufacturing overhead is applied based on : q1. if variable manufacturing overhead is applied based on direct labor-hours it is impossible to have a favorable
Qthe management of gilmartin corporation a manufacturing : qthe management of gilmartin corporation a manufacturing company has provided the following data for
Q monsivais corporation a manufacturing company has : q monsivais corporation a manufacturing company has provided the following financial data for
Q1 in the standard cost formula y a bx what does the b : q1. in the standard cost formula y a bx what does the b represent?1. total cost2. total fixed cost3. total variable
Qwilson companys activity for the first six of the current : qwilson companys activity for the first six of the current year is as followsmonthmachine hourselectrical
Question 1 the figure below has claimed drag coefficients : question 1 the figure below has claimed drag coefficients for some simple 3d shapes at re104-106. run fluent

Reviews

Write a Review

Cost Accounting Questions & Answers

  Capital intensive method labor intensive method

Explain the circumstance under which the Sanchez Company should employ each of the two manufacturing methods.

  What is berry hills basis in the equipment

Joseph contributed $34,750 in cash and equipment with a tax basis of $8,800 and a fair market value of $12,000 to Berry Hill Partnership in exchange for a partnership interest. a. What is Joseph's tax basis in his partnership interest

  Evaluate the financial impact of spending this money

Evaluate the financial impact of spending this additional money on advertising for the month of February and how much will total costs increase for the month of February

  How does each company value its inventory

What is the difference between the 10K, the 10Q and the 8K reports and how does each company value its inventory

  Calculate npv

Discount tables for several different interest (discount) rates that are to be used in any discounting calculations are given below. Assume for questions 2-6 that Hilltop is not subject to income taxes.  If Hilltop requires investments to earn an 8% ..

  Write a paper on accounting concepts

Demonstrated that the student has grasped the accounting concepts

  Questionproblem 1 - nancy company has budgeted sales of

questionproblem 1 - nancy company has budgeted sales of 750000 with the subsequent budgeted costsdirect materials

  Overapplied or underapplied overhead

Find some possible reasons that company had a debit balance in overhead account at year-end

  Question this information relates to the cash account in

question this information relates to the cash account in the ledger of hawkins company.balance september 1-16400 cash

  Evaluate the changes that silverados management

Using the code of ethics for management accountants, evaluate the changes that Silverado's management is considering, and discuss the specific steps that Larry Stewart should take to resolve the situation.

  Quantify brown debt ratio before and capital restructuring

What discount rate did you use to evaluate the investment alternatives offered by the proposed capital expansion and replacement program?

  Should the firm purchase the new equipment

How much value will this new equipment create for the firm and at what discount rate will this project break even and should the firm purchase the new equipment?

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