Grandma Gifts had the following costs in March when 400 ceramic statues were produced: materials, $4,200; labor cost, $1,600; depreciation, $800; rent, $700; and other fixed costs, $500. Which of the following costs will stay the same assuming that production changes to 500 units and production still remains within the relevant range? Multiple Choice None of these answer choices is correct Total variable cost Fixed cost per unit Variable cost per unit Help Save & Exit Total cost per unit

Grandma Gifts had the following costs in March when 400 ceramic statues were produced: materials, $4,200; labor cost, $1,600; depreciation, $800; rent, $700; and other fixed costs, $500. Which of the following costs will stay the same assuming that production changes to 500 units and production still remains within the relevant range? Multiple Choice None of these answer choices is correct Total variable cost Fixed cost per unit Variable cost per unit Help Save & Exit Total cost per unit

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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B Key comparative information for Samsung, Apple, and Google follows. Sansung 1 Year Frior 2 Years Prior $ 56,500 274,268 In millions. Operating cash flows Total assets Current Year $ 38,940 302,511 Samsung Complete this question by entering your answers in the tabs below. 12.9 % Required 3 $57,515 291,179 Required: 1. Compute the recent two years' cash flow on total assets ratio for Samsung. 2. Is the change in Samsung's cash flow on total assets ratio favorable or unfavorable? 3. For the current year, is Samsung's cash flow on total assets ratio better or worse than (a) Apple's and (b) Google's? Answer is complete but not entirely correct. Required 1 Required 2 Compute the recent two years' cash flow on total assets ratio for Samsung. (Round final answers to 1 decimal place.) Cash Flow On Total Assets Ratio Current Year Prior Year 19.80% Required Apple Current Year $ 69,391 338,516 Required 2 > 1 Year Prior $ 77,434 365,725 Google Current Year $ 54,520 275,909 1 Year Prior $ 47,971…
Variable costs: Direct materials $0.15 Direct labor 0.06 Variable overhead 0.11 Fixed overhead 0.30 Total cost $0.62
How do I find my variable cost? Please answer competely
PLease ASAP. and show calculations!! Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Parker Pottery produces a line of vases and a line of ceramic figurines. Each line uses the same equipment and labor; hence, there are no traceable fixed costs. Common fixed cost equals $38, 400. Parker's accountant has begun to assess the profitability of the two lines and has gathered the following data for last year: Vases Figurines Price $40 $70 Variable cost 30 42 Contribution margin $10 $28 Number of units 1,000 500 Required: If required, round your final answers to nearest whole value. 1. Compute the number of vases and the number of figurines that must be sold for the company to break even. Break - even vases fill in the blank 1 units Break - even figurines fill in the blank 2 units 2. Parker Pottery is considering upgrading its factory to improve the quality of its products. The upgrade will add $5, 280 per year to total fixed cost. If the upgrade is successful, the projected sales of vases will be 2,000, and figurine sales will increase to 1,000 units. What is the new break -…
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