please answer all the questions within 30 minutes. make sure all the questions are answered else i will give negative ratings for sure. 2.Data About VariablesUnit Variable CostLevel of Cost DriverCost DriverUnits soldSetupsEngineering hoursS 101,00030201,000Other data:Total fixed costs (conventional)Total fixed costs (ABC)Unit selling prices100,00050,00020i.What number of units need to be sold to earn a before-tax profit of $20,000.ii.Using ABC equation, the units that must be sold to earn an operating income of$20,000 are?

ABC method of costing is the one which involves allocation of costs as per the worth and eliminate…

2. Data About Variables Cost Driver Unit Variable Cost Level of Cost Driver S 10 1,000 30 Units sold Setups Engineering hours 20 1,000 Other data: Total fixed costs (conventional) Total fixed costs (ABC) Unit selling price s100,000 50,000 20 i. What number of units need to be sold to earn a before-tax profit of $20,000. ii. Using ABC equation, the units that must be sold to earn an operating income of $20,000 are?

2. Data About Variables Cost Driver Unit Variable Cost Level of Cost Driver S 10 1,000 30 Units sold Setups Engineering hours 20 1,000 Other data: Total fixed costs (conventional) Total fixed costs (ABC) Unit selling price s100,000 50,000 20 i. What number of units need to be sold to earn a before-tax profit of $20,000. ii. Using ABC equation, the units that must be sold to earn an operating income of $20,000 are?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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