Solution-What the company should anticipate a contribution

What the company should anticipate a contribution margin

Assignment Help Cost Accounting

Reference no: EM132739058

The following relates to Gloria Corporation, which produced and sold 50,000 units during a recent accounting period:

Sales P850,000

Fixed manufacturing costs 210,000

Variable manufacturing costs 140,000

Fixed selling and administrative expense 300,000

Variable selling and administrative expense 45,000

Income tax rate 40%

Problem 1: For the next accounting period, if production and sales are expected to be 40,000 units, the company should anticipate a contribution margin per unit of

A. P1.00 C. P3.10

B. P13.30 D. P7.30

Reference no: EM132739058

Questions Cloud

Reflect on your involvement with digital media : Reflect on your involvement with digital media. How many devices do you own? How much of the time is at least one device on?

Steps undertaken during process of conducting research : What are the four critical steps undertaken during the process of conducting research? The response must be typed, double spaced.

Find effective interest method of amortization interest : Using the effective interest method of amortization interest expense for 2020 is? On January 1, 2020 ABC Company sold 12$ bonds with a face value

Advanced placement tests : The Advanced Placement tests (AP tests) are fiercely debated, with some prestigious private schools opting out of offering AP classes all together

What the company should anticipate a contribution margin : For the next accounting period, if production and sales are expected to be 40,000 units, the company should anticipate a contribution margin per unit of

Why worksafe insurance is designed the given way : Occupational Health and Safety Question - WorkSafeBC insurance coverage is a "no fault" insurance system. What does this mean? Why do you think Worksafe.

Focus on reinforcement of concepts : Small group instruction can allow a teacher to focus on reinforcement of concepts or to easily observe students during a given activity.

Find what the selling price should be : Glow Co. wants to sell a product at a gross margin of 20%. The cost of the product is P2.00. Find what The selling price should be

Find what must the total fixed costs be : The Ship Company is planning to produce two products, Alt and Tude. In order to realize a total profit of P160,000, what must the total fixed costs be?

User Account

All Pages

What the company should anticipate a contribution margin

Reference no: EM132739058

Reference no: EM132739058

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT