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kow [346]
3 years ago
9

Valcarcel Corporation manufactures and sells one product. The following information pertains to the company’s first year of oper

ations:
Variable cost per unit:
Direct materials $ 67
Fixed costs per year:
Direct labor $ 886,500
Fixed manufacturing overhead $ 2,068,500
Fixed selling and administrative expenses $ 1,254,000


The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 59,100 units and sold 57,000 units. The company’s only product is sold for $152 per unit.



Required:

a-1. Assume the company uses super-variable costing. Compute the unit product cost for the year.

a-2. Prepare an income statement for the year.

b-1. Assume that the company uses a variable costing system that assigns $15 of direct labor cost to each unit that is produced. Compute the unit product cost for the year.

b-2. Prepare an income statement for the year.

c. Prepare a reconciliation that explains the difference between the super-variable costing and variable costing net incomes.
Business
1 answer:
ivanzaharov [21]3 years ago
7 0

Answer:

heres some love

Explanation:

no ❤️️

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Answer:

Strategic

Explanation:

If Ming is a manager for a large company and has the authority to determine whether or not the company should expand into new regions and/or expand the company's product line, Then the level of management that Ming represents is Strategic Management

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Business expansion decisions are taken by the highest level of management based on their analysis of the competitive environment

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Paul loved to party at mardi gras, even if he was not involved in making a float or anything else. the atmosphere on the street
Mashutka [201]

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3 years ago
Commercial banks are funded through which of the following?
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Francine installed a new pool for $11,320 using a 12-month deferred payment plan with an interest rate of 20.67%. what is the ba
mr_godi [17]
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3 0
3 years ago
In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra
uysha [10]

Answer:

C. Stella, Capital will be debited for $4,000.

Explanation:

As for the provided information, we have,

Out of all the partner's Tiffany is retiring.

Tiffany's capital balance = $50,000

On his retirement he is paid $60,000

Since no goodwill is recorded, the excess amount paid over capital = $60,000 - $50,000 = $10,000, will be debited in remaining partner's ratio.

Ron's share in these $10,000 = $10,000 \times 3/(3+2) = $6,000

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3 years ago
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