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dmitriy555 [2]
3 years ago
8

Variable Costing

Business
1 answer:
mart [117]3 years ago
4 0

Answer:

a. $197,600

b. $163,400

c. $108,600

Explanation:

a. Manufacturing margin = Sales - Variable cost of goods sold

= $380,000 - $182,000

= $197,600

b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses

= $197,600 - $34,200

= $163,400

c. Income from operations = Contribution margin - Fixed manufacturing costs -  Fixed selling and administrative expenses

= $163,400 - $57,000 - $2,800

= $108,600

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Answer:

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Dividends $0

Explanation:

See below the posting i have done to the ledger accounts.

Mower T - Account

Debit :

Accounts Payable       $1,600

Credit :

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Credit :

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Cash T - Account

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Credit :

Gas Expense                 $100

Dividends                     $700

Balance c/d                $2,600

Gas Expense T - Account

Debit :

Cash                                $100

Credit :

Balance c/d                    $100

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Debit :

Shareholders for dividends    $700

Credit :

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When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions
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At the beginning of a recession comma which of the following is most likely to be true question mark A. The price level begins t
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B. Spending by firms on capital goods is declining.

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