What is the product lines segment income

Assignment Help Managerial Accounting
Reference no: EM132719895

Assume the following information for one segment of a company:

Sales revenue $1,800,000

Variable manufacturing costs 170,000

Fixed manufacturing costs 240,000

Variable selling/administrative costs 130,000

Fixed selling/administrative costs 95,000

Problem 1: What is the product line's segment income?

Option 1: $1,165,000

Option 2: $1,390,000

Option 3: $1,500,000

Option 4: $1,465,000

Reference no: EM132719895

Questions Cloud

Find and prepare reconciliation from the opening balances : Find and Prepare reconciliation from the opening balances to the ending balances of the defined benefit obligation and plan assets for the year ended December
Difference in the value proposition of company : What is the difference in the value proposition of each company with respect to their ETF offering?
Change of annual rate for portfolio : If the market interest rate is expected to be reduced in 2020, what will be the change of annual rate for each portfolio in 2020? Which portfolio is preferred?
What arguments were given for the speakers views : Using Internet resources, research script or video materials from the final 2008 presidential debate between Barack Obama and John McCain.
What is the product lines segment income : Assume the information for one segment of a company, What is the product line's segment income? Variable selling/administrative costs 130,000
Calculate the repricing gap and the impact on net interest : Consider the following balance sheet positions for a financial institution. Rate-sensitive assets = $ 250 million, Rate-sensitive liabilities = $ 125 million.
What are the April account balances : Bought $650 of supplies on account. Collected $ 4,000 cash on outstanding customer accounts. What are the April account balances
What is the current share price of stock : If you would rather have equal dividends in each of the next two years by creating homemade dividends, what would be the cash flow for Year 1 and Year 2?
Discussion about the interprofessional collaboration : This reflection journal also allows students to outline what they have discovered about their professional practice, personal strengths and weaknesses.

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!

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