Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Full costing and variable costing

Company A produced 80,000 units and sold 75,000 units at a price of $20 per unit.

Direct materials cost 200,000; direct labor 320,000; overhead 160,000; fixed manufacturing overhead 400,000; administrative costs 60,000.

find out net income using full costing and find out net income using variable costing.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M924113

Have any Question? 


Related Questions in Business Economics

Appalachian governors supported the establishment of the

Appalachian governors supported the establishment of the Appalachian Regional Commission (ARC) in the early 1960s. However, some politicians from outside the region felt that issues such as poverty and economic developme ...

Another utilization of cash flow analysis is setting the

Another utilization of cash flow analysis is setting the bid price on a project. To calculate the bid price, we set the project NPV equal to zero and find the required price. Thus the bid price represents a financial bre ...

Individual exceptionsusing microsoftregnbspvisual

Individual: Exceptions Using Microsoft ®  Visual Studio ® ,  write  an application to find the area and perimeter of a rectangle for the given input values of Length and Width in different measurement units using inches ...

Suppose you have the following hypothetical demand or sales

Suppose you have the following hypothetical demand or sales function. Qx= -4Px+2Py+0.20I+0.04A and PX = $200, (price of good X) PY =$230, (price of good Y) I = $1,500 (disposable per capita income) A =$12,000 (advertizin ...

Discuss the concept of a ldquotwilight of white ethnicity

Discuss the concept of a “twilight of white ethnicity". How does this concept match with your experiences of race and ethnicity in the United States? Do you believe “whiteness” will disappear as a racial and/or ethnic ca ...

Using amtrak and usinggraphical analysis to analyze the

Using amtrak and usinggraphical analysis to analyze the issues presented in the current event (possible graphs production function, total and marginal product curves, curves, MR = MC, long and short run equilibrium, or a ...

At the beginning of the year an audio engineer quit his job

At the beginning of the year, an audio engineer quit his job and gave up a salary of $175,000 per year in order to start his own business, Sound Devices, Inc. The new company builds, installs, and maintains custom audio ...

How does the price elasticity of demand impact total

How does the price elasticity of demand impact total revenue? Before that, how do you calculate the price elasticity of demand: the midpoint method and what are the determinants?

Thrope inc purchased 1900 pounds of direct material at a

Thrope, Inc. purchased 1,900 pounds of direct material at a price of $1.30 per pound. The standard price of the material is $1.42 per pound. Thrope used 1,300 pounds in production while the standard pounds allowed for ac ...

We will examine the effect of a sales tax on a monopolists

We will examine the effect of a sales tax on a monopolist's profit maximizing price and rate of output. Assume that the monopolist faces a linear inverse demand curve given by p(y)=a-by, where a>0 and b>0, and a quadrati ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

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.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate