Business, 15.04.2020 02:35 Dreambig85
Brindle Arts uses Variable Costing for internal purposes, but uses Absorption Costing for their financial reports. Calculate unit product costs for both methods, prepare both income statements and then show why there is a difference between the two methods. Quarter 1 Quarter 2 Beginning inventory - 1,500 Units produced 18,500 18,775 Units sold 17,000 18,750 Ending inventory 1,500 1,525 Selling price per unit $145.00 Variable costs per unit: Direct materials $30.00 Direct labor $25.00 Var. MOH $10.00 Var. S&A per unit $14.50 Fixed costs: Fixed MOH $600,000 Fixed Selling and Admin. $210,000
Answers: 1
Business, 22.06.2019 10:00
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?
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Business, 22.06.2019 12:10
Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations
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Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
Brindle Arts uses Variable Costing for internal purposes, but uses Absorption Costing for their fina...
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