What is the net operating income for the given month

Assignment Help Accounting Basics

Reference no: EM131910245

Problem

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $140 Units in beginning inventory 0 Units produced 1,200 Units sold 800 Units in ending inventory 400 Variable costs per unit: Direct material $25 Direct labor $41 Variable manufacturing overhead $6 Variable selling Administrative $6 Fixed costs: Fixed manufacturing Overhead $24,000 Fixed selling and administrative $12,000 What is the net operating income for he month under variable costing?

Reference no: EM131910245

Questions Cloud

Conduct the cash flow analysis of the money market hedge : The current spot rate is $0.5974. Conduct the cash flow analysis of the money market hedge.

Minimum variance portfolio combination : The CORR(A,B) equals +0.20. The minimum variance portfolio combination (nearest percent) is:

Important figures from budget of nashville nougats : Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2015:

Investment in surface-mount placement machine : Sensitivity Analysis of Investment in a Surface-mount Placement Machine

What is the net operating income for the given month : Fixed manufacturing Overhead $24,000 Fixed selling and administrative $12,000. What is the net operating income for he month under variable costing?

Calculate the return on equity ratio : Use the following data from a firm's pro forma financial statements to calculate the following profitability ratios

Find the value of x-y : A 10 year, $1,000 par value bond with redemption value $1,000, has 5% coupons, payable semiannually.

Calculate the gross annual premium based on the equivalence : Suppose that the policy is modified so that if the policyholder survives, the insurer refunds, at age 80, one-half of all premiums received, without interest.

What is the bonds capital gain or loss yield : What is the bond's yield to maturity? WHat is the bond's current yield? What is the bond's capital gain or loss yield? What is the bond's yield to call?

User Account

All Pages