+1-415-315-9853

info@mywordsolution.com

## Accounting

 Accounting Basics Cost Accounting Financial Accounting Managerial Accounting Auditing Taxation

1) Manufacturing company makes and sells 20,000 units of a single product.  Total products costs are \$14 per unit.  If total sales were \$560,000 what mark-up percentage is company using?

a)     100%

b)    4%

c)     200%

d)    50%

2)  Paul's Pizza made and sold 2,000 pizzas last month and had fixed costs of \$6,000.  If production and sales are expected to raise by 10% next month, which of given statements is true?

a) Total fixed costs will decrease.

b) Fixed cost per unit will decrease.

c) Total fixed costs will increase.

3) Dye Company approaches Anderson with special order for 15,000 units at price of \$7.50 per unit. Variable costs will be equivalent as present production and accepting special order will not have any impact on rest of company's orders.  Though, Anderson is operating at capacity and will acquire extra \$50,000 in fixed manufacturing overhead if order is accepted.

i) Determine incremental income (loss) associated with accepting special order?

a)  (\$14,000)

b) \$36,000

c) (\$23,500)

d) \$27,000

ii)  Compute the incremental revenue associated with accepting special order?

a)  \$170,000

b) \$112,500

c) \$70,000

d) \$120,000

Accounting Basics, Accounting

• Category:- Accounting Basics
• Reference No.:- M916307

Have any Question?

## Related Questions in Accounting Basics

### To understand the accounting equation and its

To understand the accounting equation and its elements QUESTION Mr. "A" starts a new business. Before to start the business operation, he has purchased vehicle Rs. 1,500,000, office premises Rs. 3,000,000, stock of goods ...

### Palmona co establishes a 220 petty cash fund on january 1

Palmona Co. establishes a \$220 petty cash fund on January 1. On January 8, the fund shows \$125 in cash along with receipts for the following expenditures: postage, \$41; transportation-in, \$11; delivery expenses, \$13; and ...

### 1 identify which of the following statements is truea a

1. Identify which of the following statements is true. A. A partnership exists as long as there are at least two individuals or entities engaged in the active conduct of a trade or business or a financial operation, and ...

### Key information for the plant city divisionkey information

Key Information For The Plant City Division Key information for the Plant City Division (PCD) of Barkley Industries for 2015 are as follows: Revenues \$15,000,000 Operating Income 1,800,000 Total Assets 10,000,000 PCD man ...

### Principles of accountingthere are 10 questions each worth

Principles of Accounting There are 10 questions, each worth 10 points. Answer them fully and upload your document to the dropbox below. QUESTION 1 Harriet's Toy Shop had net sales of \$852,000. The gross profit was \$230,0 ...

### Transfer pricing is the pricing of assets funds services

Transfer pricing is the pricing of assets, funds, services, etc., transferred among related organizations. Using online library resources, and the Internet, conduct research to discuss the transfer pricing regulations an ...

### Problem -a firm has the following probability distribution

Problem - A firm has the following probability distribution for annual losses due to vandalism. All amounts are before any tax consideration. The firm has a tax rate of 20%. Annual Losses Probability \$ 0 .75 \$ 4,000 .20 ...

### Cost benefit1 a cost-benefit analysis is a process by which

Cost Benefit 1. A cost-benefit analysis is a process by which business decisions are analyzed. The benefits of a given situation or business-related action are summed, and then the costs associated with taking that actio ...

### Colllege loans and repayment projecti think that the

COLLLEGE LOANS AND REPAYMENT PROJECT I think that the College Debt issue will be the defining issue impacting young people who go to college today just like the Great Depression/WII was the defining issue for my parent's ...

### Assignmentsongo dealers sells clothing and began trading

Assignment SONGO DEALERS sells clothing and began trading operations on 1 April 20X3. All amounts are paid by cheque, unless otherwise stated. The entity uses the perpetual inventory system and maintains a gross profit p ...

• 13,132 Experts

## Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

### WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

### Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

### Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

### Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

### Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro