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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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The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2017, that includ
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Answer:

The Journal entry at the beginning of the year is as follows:

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(To record entry at the beginning of the year)

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List one unprofessional and one unprofessional example for speech habits
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one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience

Explanation:

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2 years ago
Answer the question on the basis of the accompanying production possibilities tables for two countries, Latalia and Trombonia.
Scilla [17]

The production possibility table shows that in Latalia the domestic real cost of 1 ton of pork is C. 5 tons of beans.

<h3>What is production?</h3>

It should be noted that production simply means the creation of goods and services for consumers.

In this case, production possibility table shows that in Latalia the domestic real cost of 1 ton of pork is 5 tons of beans. This is because 5 tons of beans will be sacrificed to produce the pork.

Learn more about production on:

brainly.com/question/16755022

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When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
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Answer:

Follows are the solution to this question:

Explanation:

Some of the missing data is defined in the attached file, please find it.

Bond problem rates  

Diagram values are based on the following:

N = 4\times 2 \\\\

    = 8 \ Years \\

i = 10.00 \% \times  \frac{1}{2} \\\\

  = 5.00 \% \\

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Bond issuance price                                                                    

Timetable for bond amortization:  

please find the attachment.

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For most businesses, annual straight line depreciation expense on the company's building is what type of cost?
Rom4ik [11]

For most businesses, annual straight line depreciation expense on the company's building is fixed cost.

A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.

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