Answer:
$416,000
Explanation:
Darwin sells a particular book for $24
Variable expenses are $16
The current volume of book sold is 52,000 books
The first step is to calculate the unit Contribution margin
= $24-$16
= $8
Therefore the fixed expenses that is associated with the book can be calculated as follows
=52,000 × 8
= $416,000
Explanation:
The journal entry is as follows:
Sales A/c Dr $900
To Customer refund payable A/c $900
(Being the refund is recorded)
For recording this given entry, we debited the sales account and credited the customer refund payable account so that the proper positing could be done. Both the accounts are recorded at $900
Answer:
Answer 25 questions from an A,B
Explanation:
Answer:
variable per unit $ 89.72
fixed cost per unit $ 26.5
total unit cost $ 116.22
Explanation:
Variable cost per machine-hour
825,420 / 9,200 = 89.72
This will keep constant at unit level thus, at 9,400 the variable cost will still be 89.72
Now fixed cost: 249,100 / 9,400 output = 26.5
This is the fixed cost per unit considering a 9,400 untis output
Now, we add them to get the total unit cost:
89.72 + 26.5 = 116.22
