The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020
Calculation to determine the total variable costing income statement
Using this formula
Variable costing income statement=(Variable manufacturing costs+Variable selling and administrative costs )×Sales
Let plug in the formula
Variable costing income statement($140 + $19) x 780 quilts sold
Variable costing income statement=$159×780 quilts sold
Variable costing income statement=$124,020
Inconclusion The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020.
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Answer:
$71,000
Explanation:
The computation of operating income is shown below:-
Total costs if company bought = Cost of production × Outside supplier per unit) + (Fixed cost × Remaining percentage)
= (43,000 × $3.80) + ($68,000 × (100% - 30%))
= (43,000 × $3.80) + ($68,000 × 70%)
= $163,400 + $47,600
= $211,000
Loss in Income if part is bought = Total costs if company bought - Total costs originally
= $211,000 - $140,000
= $71,000
Therefore, Making profit will be more by $71,000 and for computing the Loss in Income if part is bought we simply applied the above formula.
Answer:
Explanation:Buy products in bulk to sell.
Sell homemade products you make yourself.
Start a dropshipping store.
Start a print-on-demand store.
Sell your service or expertise.
Productize your service or expertise.
Grow an audience you can monetize.
Buy an existing ecommerce business.
