Last month a manufacturing company’s profit was $ 2,000, calculated using absorption costing principles. If marginal costing principles had been used, a loss of # 3,000 would have occurred. The company fixed production cost is $2 per unit. Sales last month were 10,000 units. What was last month’s production (in units)?   7, 500 9,500 10,500 12,500

Q: In September, Crane Industries sold 800 units of product. The average sales price was $40. During…

A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: what the company's margin of safety in units ?

A: Given that: A company makes a single product which it sells for £10 per unit. Fixed costs are…

Q: . If the company uses absorption costing, compute gross profit assuming (a) 12,800 units are…

A: In absorption costing the fixed overhead costs is allocated  to all units produced for an accounting…

Q: Jefferson Company has a single product whose selling price is $ 350 per unit; variable is $180 per…

A: Selling Price =$350 per unit Variable cost = $180 per unit Fixed Expenses = $29,750 Units Produced…

Q: a. What is the break-even value in Dirhams?

A: Information Provided: Selling price = 70 Variable cost = 30 Advertising costs = 263,069 Rent costs…

Q: A manufacturer reports direct materials of $5 per unit, direct labor of $2 per unit, and variable…

A: Income statement is a financial statement that shows the profitability, total revenue and total…

Q: Publix sold 1,000 units last month which yielded the income statement below. Sales…

A: Break even point :— It is the point of production where total cost is equal to total revenue. At…

Q: A manufacturer reports direct materials of $5 per unit, direct labor of $2 per unit, and variable…

A: Income Statement:Income statement consists of the part of financial statements, prepared to know…

Q: O company produces a single product. Last year, the company had a net operating income of P92,000…

A: solution : given : net operating income using absorption costing         = P92,000   net operating…

Q: A company produces and sells two products. Selected data for the most recent month are below:…

A: The break even sales are the sales where business earns no profit no loss during the period.  The…

Q: B. Johnson Co. produces a single product. Last year, the firm had 25,000 units in its ending…

A: ABSORPTION COSTING  Absorption Costing is a Cost managerial Accounting method in which All Cost…

Q: Roland had revenues of $610,000 in March. Fixed costs in March were $199,670 and profit was $50,430.…

A: The contribution margin is the amount by which your company's sales revenue exceeds its variable…

Q: last month a company's profit was $2000, calculated using absorption costing principles. if marginal…

A: The objective of the question is to find out the production units of the company last month. The…

Q: Space Flakes manufactures and sells boxed coconut cookies. The biggest market for these cookies is…

A: 1. As 500 boxes are produced and 400 boxes are sold. Profit statement will be for 400 units.…

Q: he following information for the past year for the Magic Corporation has been provided: Fixed costs:…

A: Contribution margin refers to a gross or per unit basis. it shows that the incremental money is…

Q: Bellue Incorporated manufactures a single product. Variable costing net operating income was…

A: Absorption costing: It implies to a costing method that considers or takes into account all the…

Q: Last month Bryn Company had a $45,057 profit on sales of $296,632. Fixed costs are $72,308 a month.…

A: Contribution Margin = Fixed Costs + Net Income. Contribution Margin Ratio = (Fixed Costs + Net…

Q: A company sells one of its products for $13.60 per unit. Its fixed costs are $1,056.00 per month,…

A: A company can determine the minimum sales volume necessary to avoid losses by using break-even…

Q: ast year, Heidenescher Corporation’s variable costing net operating income was $63,600 and its…

A: Operating income is the income after deducting all expenses related to the operation of the…

Q: During August, Tyson Company sold 5,400 units and reported the following income statement: Sales…

A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: A company has established a marginal costing profit of $72,300. Opening inventory was 300 units andc…

A: We have the following information: A company has established a marginal costing profit of $72,300…

Q: A company sells a single product with a selling price of $120 and variable costs per unit of $90.…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: Last year, Regio Company incurred the following costs: Direct materials  50,000 Direct Labor…

A: As posted multiple sub parts as per our guidelines we are answering only first three sub parts…

Q: The following is Addison Corporation's contribution format income statement for last month: The…

A: Solution:- 1)Calculation of number of units would the company have to sell to attain the target…

Q: At the end of the accounting period Tubman, Inc. reports operating income of $50,000, a contribution…

A: Under the variable costing, fixed costs are taken as period costs and taken as a whole amount.…

Q: Alder Inc. produced and sold 2,000 units of one product during the year. The company's net income…

A: Contribution margin ratio = 1- variable costs ratio = 1- 0.25 = 0.75 Total fixed costs = No. of…

Q: Presented here is the income statement for Big Sky Incorporated for the month of February: Sales $…

A: The objective of this question is to rearrange the traditional income statement into a contribution…

Q: Calculate the total contribution margin. What is the operating income earned in October?

A: "Contribution Margin: The Contribution Margin is also can be treated on a gross or per unit basis.…

Q: XYZ Inc. sells a single product for $12 per unit. Variable production costs are $5 per unit. Fixed…

A: Income statement is a financial statement that shows the profitability, total revenue and total…

Q: The following is Alsatia Corporation's contribution format income statement for last month:    The…

A: Hey, since there are multiple requirements posted, we will answer the first three requirements. If…

Q: Whipple Company has sales revenue of $585,000. Cost of goods sold before adjustment is $335,000. The…

A: Manufacturing overhead will be included on predetermined basis and then compare with the actual…

Q: Fixed​ costs:   Manufacturing $130,000 Marketing 18,000 Administrative 21,000 Variable​ costs:…

A: Sales = 60,000 * 19.19  Sales = $1,151,400

Q: Last month a manufacturing company's profit was $2,000, calculated using absorption costing…

A: Change in inventory reflects the difference in marginal costing and absorption costing.…