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Sales: $168,042 Variable Costs: $63,987 Total fixed expenses:$ 75,794 Number units sold per year: 6367
1. What is the contribution margin per unit of your product or service?2. What is the contribution margin ratio?3. What is sales volume in dollars at the break even point?4. What is sales volume in units at the break even point?5. What sales volume in dollars is required to have $10,000 in net income? $50,000 in net income? $100,000 in net income?
how do you allocate the support department costs to production departments using the direct method when given percentages
prepare cost accounting sheet
If the net income under marginal costing is #100,000, calculate absorption costing, if opening and closing inventories are #20,000 and #15,000
Price and Quality Aspect of Variance At this point it is serious to understand that all variance has two aspects, a price aspect and a quantity aspect: these two aspects combi
The difference among expenses and expenditure. Expense is the outflow from a profit oriented organization whereas expenditure is the outflow from non-profit organization.
Cost Behaviour "Profitability is only around the corner." This is a general expression in the business world; you might have heard or said this yourself only. But, the reality
Variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the service.
Batch Costing This is a kind of job costing that is utilized when production consists of limited repetitive work and definite number of item manufactured in one batch. A batc
F ixed Overhead Variance (FOV) Fixed overhead variance has been described by ICMA, London, as 'the variation between the standard cost of fixed overhead absorbed in the pro
Describe the ways in which the needs of internal and external users of accounting information are the same and different.
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