Business, 03.04.2020 22:12 lifeisbowling59
Silver Corporation produces a single product. Last year, the company's variable production costs totaled $7,500 and its fixed manufacturing overhead costs totaled $4,500. The company produced 3,000 units during the year and sold 2,400 units. There were no units in the beginning inventory. Which of the following statements is true? A) Under variable costing, the units in the ending inventory will be costed at $4.00 each. B) The net operating income under absorption costing for the year will be $900 lower than the net operating income under variable costing. C) The ending inventory under variable costing will be $900 lower than the ending inventory under absorption costing D) Under absorption costing, the units in ending inventory will be costed at $2.50 each.
Answers: 3
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
Business, 22.06.2019 21:50
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
Silver Corporation produces a single product. Last year, the company's variable production costs tot...
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