marginal and absorption costing, Accounting, Basic Statistics

Assignment Help:
the guinegog is a trader in portable cd-man. His budgeted output is 5000 units per quarter. The following data was available for the year 1998:
Direct labour @ $6
Direct material @ $8
fixed production costs per quarter @ $4
fixed selling and distribution cost per quarter $12,000
fixed admin expenses per quarter $8,000
selling price per unit $30
output per quarter i. 4000 ii.5200 iii. 4500 iv. 5500
Sales per quarter i. 3000 ii. 5000 iii. 4000 iv. 6000
prepare the marginal and absorption costing statement per quarter. Show also the net income reconciliation statement.

Related Discussions:- marginal and absorption costing, Accounting

Simple Linear Regression, One measure of the risk or volatility of an indiv...

One measure of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over several periods of time. Altho

Describe the location of firms and equilibrium , Take the Hotelling's locat...

Take the Hotelling's location model (the linear city) discussed in class for the case in which all firms are required to charge the same fixed price. Further assume that firms choo

Cumulative frequency, how would we find cumulative frequency for the median...

how would we find cumulative frequency for the median of discrete series

Parametric and non-parametric stats tests, What is the difference between p...

What is the difference between parametric and non-parametric stats tests? Different kinds or levels of data need to be analysed using different kinds of stats tests. The basic dist

Identification of critical data elements, Check numbers for No Neighboring ...

Check numbers for No Neighboring States with Video Gaming, 2% inflation, 4 Average Bets Numbers for 2018 Average Return -0.082 Net Income -$2,052,859 End of Year Cash $5,0

Penny''s game, (Penney’s game) Independent flips of a biased coin that land...

(Penney’s game) Independent flips of a biased coin that lands on heads with probability 0.7 are made. Each of two players, A and B, had chosen one out of the eight triplet: {HHH, H

Probality, conceptof probality, theoretical, distribution, normal,binomial ...

conceptof probality, theoretical, distribution, normal,binomial and poisson

Transition towards ifrs, Transition towards IFRS Over the last few year...

Transition towards IFRS Over the last few years, there has been a tremendous change in the world's capital markets. There has thus been a shift away from the local financial re

Job order costing, what are the procedure of job order costing

what are the procedure of job order costing

Biostatistics, when testing hypothesis is the level of significanc the type...

when testing hypothesis is the level of significanc the type error I?

Write Your Message!

Captcha
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