1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
3 years ago
13

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions:
Selling price $ 121
Units in beginning inventory 0
Units produced 6,000
Units sold 5,600
Units in ending inventory 400

Variable costs per unit:
Direct materials $ 38
Direct labor $ 53
Variable manufacturing overhead $ 3
Variable selling and administrative expense $ 11

Fixed costs:
Fixed manufacturing overhead $ 60,000
Fixed selling and administrative expense $ 28,000

What is the total period cost for the month under variable costing?

A) $149,600
B) $60,000
C) $88,000
D) $89,600
Business
1 answer:
wolverine [178]3 years ago
6 0

Answer:

C) $88,000

Explanation:

period cost: cost which cannot be capitalize through inventory or other assets.

Under variable cost, the fixed cost are treated as period cost.

Fixed costs:

Fixed manufacturing overhead $ 60,000

Fixed selling and administrative expense $ 28,000

You might be interested in
Productivity is the
Lunna [17]

Answer:

The correct answer is option a.

Explanation:

Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.  

Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.

5 0
2 years ago
The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
lesya692 [45]

Answer: $30,600

Explanation:

First calculate the earnings for the year.

Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.

Retained Earnings for the year is therefore,

Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

Retained Earnings for the year = $14,800

This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

= $30,600

$30,600 is the closing Balance on Retained Earnings after closing entries.

8 0
2 years ago
Blooming Sun investment corporation is facing problems in their records
77julia77 [94]

Answer:

Achived that the breakeven

7 0
2 years ago
Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to
Semenov [28]

Answer:

O+ a. Increase in accounts payable

F- b. Payment of dividends

O- c. Decrease in accrued liabilities

F+ d. Issuance of common stock

O- e. Gain on sale of building

O+ f. Loss on sale of land

O+ g. Depreciation expense

O- h. Increase in merchandise inventory

O+ i. Decrease in accounts receivable

I- j. Purchase of equipment

Explanation:

The requirement of the question is to indicate whether each of the items is an addition to addition to net income (O+) or subtraction (O-) under operating activities section, investing activity (cash inflow I+), (cash outflow I-),financing activity (cash inflow F+), (cash outflow F-) and activity not used to prepare the cash flows.

All the signs above are correct.

5 0
3 years ago
Pharma One’s analgesic drug KleenKare has a 50% share in the analgesics market in the country of Syria. Its closest competitor,
elixir [45]

Answer:

Pharma One

The statement that indicates that KleenKare is a cash cow according to the the Boston Consulting Group (BCG) matrix is:

2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.

Explanation:

A cash cow depicts the BCG matrix quadrant where there are higher returns, high market share in a low-growth market.  The cash cow requires little investment to generate high returns.  It also provides the cash for financing the other quadrants (dogs, stars, and question marks).  Basically, the BCG matrix, also known as the Growth/Share Matrix, depicts the products' growth opportunities.

4 0
3 years ago
Other questions:
  • Sandy uses online banking, and her bank charges her $4.99 per month. However, she has seen ads for a competing bank offering fre
    15·2 answers
  • In terms of usage, about ____________ of all energy in the U.S. is consumed by the transportation sector, ____________ by indust
    15·1 answer
  • The following information was taken from the 2011 income statement of Ultimate Sales: Pretax income, $12,000; Total operating ex
    11·1 answer
  • Describe a specific situation in which you would use the Combine Documents feature in Word.
    15·1 answer
  • Which one of the following statements is TRUE? a. Inside directors are more concerned with shareholders' interests since they ar
    14·1 answer
  • Alicia sold her personal residence to Rick on June 30 for $295,000. Before the sale, Alicia paid the real estate tax of $4,425 f
    5·1 answer
  • The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep
    13·1 answer
  • Well organized buisiness writing uses short sentences and paragraphs. True or False?
    8·1 answer
  • Vivien wants to buy a house. The house she wants is listed for $300,000, and she wants to avoid PMI insurance. She can get a fix
    12·1 answer
  • Diversion is the act of acquiring a product or service by means of:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!