Solve it in short answer Financial Account. - Craft Company produces a single product. Last year,the company had a net operating income of $100,000 using absorptioncosting and $84,000 using variable costing. The fixed manufacturingoverhead cost was $10 per unit. There were no beginning inventories. If24,800 units were produced last year, then sales last year were:a. 8,800 unitsb. 26,400 unitsc. 23,200 unitsd. 40,800 units

To determine the sales last year, we need to reconcile the difference between absorption costing and…

Answered: Financial Account. - Craft Company…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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A company produces two products. E and F in batches of 100 units. The production and cost data are: The company can only perform 12,000 set-ups each period yet there is unlimited demand for each product. What is the differential profit from producing product E instead of product F for the year? A. $216,000 B. $204,000 C. $12,000 D. $54,000
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Craft Company produces a single product. Last year, the company had a net operating income of $104,960 using absorption costing and $83,000 using variable costing. The fixed manufacturing overhead cost was $12 per unit. There were no beginning inventories. If 29,600 units were produced last year, then sales last year were: a. 7,640 units b. 51,560 units c. 31,430 units d. 27,770 units
O company produces a single product. Last year, the company had a net operating income of P92,000 using absorption costing and a net operating income of P98,600 using variable costing. If the fixed manufacturing overhead cost was P3.00 per unit for the last two years, and if production was 18,000 units, then sales in units last year were a. 24,600 b. 20,200 c. 15,800 d. 15,000
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