Answer: See explanation
Explanation:
a. Prepare a CVP income statement that shows both total and per unit amounts.
CVP INCOME STATEMENT
Per unit. Total
Sales (500 units). 400. 200,000
Variable expense 280 140,000
Contribution margin. 120 60,000
Fixed expense. 48,000
Net operating Income. 12,000
b. Compute Norton's breakeven in units.
Breakeven point = 48000 / 120 = 400
c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.
CVP income statement for the break-even point
Per unit. Total
Sales (400 units). 400. 160,000
Variable expense 280 112,000
Contribution margin. 120 48000
Fixed expense. 48,000
Net operating Income. 0
Answer:
If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.
- Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
- Communication capability- Accountant must have resilient communication capability to talk with other individual and to make him recognize about any request of that individual.
- Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
- Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
- He should have durable confidence. Furthermore he should confirm to keep personal information secure.
- Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
- Inspiration- account must have competence of rational thinking to come up with fresh clarifications for given problems.
- Trustworthiness- the accountant should be dependability. He knows the secrets of the responsibility. So he should not to reveal these secrets to anyone without prior specialist.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Units produced - Inspection cost
February: 911 - $16,812
March: 961 - $17,200
April: 917 - $16,865
May: 901 - $16,710
June: 923 - $16,894
July: 908 - $16,780
August: 925 - $16,932
September: 865 - $16,300
October: 904 - $16,738
To calculate the fixed component using the high-low method, first, we need to calculate the unitary variable cost:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (17,200 - 16,300) / (961 - 865)
Variable cost per unit= $9.375 per unit
Now, we can calculate the fixed costs:
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 17,200 - (9.375*961)
Fixed costs= 8,190.625
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 16,300 - (9.375*865)
Fixed costs= $8,190.625
Answer:
0.48 %
Explanation:
Last year productivity: packages delivered / no. of drivers
=103,225/85
=1,214.41
This year productivity : packages delivered /. no. of drivers
=112,260/92
=1,220.22
change is productivity is : this year's productivity - last year's productivity
=1,220.22- 1,214.41
=5.81
percentage change =5.81/1214.41 x 100
=0.48 %