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Setler [38]
3 years ago
15

Bellue Inc. manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decrea

sed by 2,300 units. Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year
Business
1 answer:
Delicious77 [7]3 years ago
5 0

Answer:

absorption costing net operating income = $106400

Explanation:

Manufacturing overhead in inventory =  Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory

Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory

 $4 per unit × (−2,300) = −$9200

Variable costing net operating income =  $115600

subtract fixed manufacturing overhead costs released from inventory

(9200 )  from Variable costing net operating income

Absorption costing net operating income =  Variable costing net operating income -  fixed manufacturing overhead costs released from inventory

Absorption costing net operating income  = 115600 - 9200 =  $106400

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Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the
Ber [7]

Answer:

$1,000

Explanation:

We know that

Total cost = Fixed cost + Variable cost

From the data given, we can calculate the variable cost using the high-low technique.

Variable cost per unit

=\frac{Total cost at highest level-Total cost at lowest level }{Highest level - Lowest level} \\\\=\frac{16,000-10,000}{1,000-600 } \\

=$15

Lease cost = FC + $15(Machine hours)

Lease cost -$15(Machine hours) = FC

Case,

i) 800 machine hours,

FC = Lease cost - $15(Machine hours)

     = $16,000 -$15(1000) = $1,000

6 0
3 years ago
The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail
Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

3 0
3 years ago
The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of op
Lorico [155]

Answer:

Option (d) : $24.8 and $15.7

Explanation:

As per the data given in the question,

Number of units produced = 10,000

Number of units sold = 6,000

Cost per unit = Amount/ 10,000

                                                               Absorption            Variable  

Direct material                                                $5.2                 $5.2

Direct Labor                                                    $8                     $8

Variable manufacturing overhead                  $2.5                  $2.5

Fixed manufacturing overhead                       $9.1                  $9.1

Unit product cost                                           $24.8                $15.7

4 0
3 years ago
Different between internal stakeholder and external stakeholder
Delicious77 [7]

Internal stakeholders are entities within a business (eg. employees, managers, the board of directors, investors). External stakeholders are entities not within a business itself but who are about or are affected by its performance. (eg. consumers, regulators, investors, suppliers)

8 0
3 years ago
A portfolio has 225 shares of Stock C that sells for $42 and 190 shares of Stock D that sells for $33. What is Stock C's weight?
Anuta_ua [19.1K]

Answer:

60.11%

Explanation:

Weight of stock C = Value of stock C / total value of portfolio

225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%

7 0
3 years ago
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