What is net income under absorption costing? Rodriguez Manufacturing reported a netincome of $735,000 based on variablecosting. Beginning and ending inventorieswere 47,800 units and 50,300 units,respectively. The fixed manufacturingoverhead per unit was $1.40 for both thebeginning and ending inventories.What is net income under absorptioncosting?

Explanation of Variable Costing: Variable costing is an accounting method that only assigns direct…

Answered: Rodriguez Manufacturing reported a net…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8EA: Using the information in the previous exercises about Marleys Manufacturing, determine the operating...

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The following information is available from the accounting records of Eva Corporation. Fixed costs per period are $4800. Sales volume for the last period was $19,360, and variable costs were $13,552. Capacity per period is a sales volume of $32,000. Compute the total contribution margin.
General accounting
What was the income from operations of this accounting question?
What is the contribution margin per unit of this general accounting question?
Nani Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $125 per unit, of which $80 is product cost and $45 is selling and administrative expenses. In addition, the total cost of $125 is made up of $90 variable cost and $35 fixed cost. The desired profit is $55 per unit. Determine the markup percentage on product cost to above financial accounting problem.
Company XYZ made total contribution margin of $200,000 and a net income of $150,000. The company also made a total gross margin of $210,000. Assume that the variable selling and administrative expenses were $40,000, how much is the fixed manufacturing cost ($)?
What is the net income of this general accounting question?
A review of Parson Corporation's accounting records found that at a volume of 138,000 units, the variable and fixed cost per unit amounted to S5 and $2. respectively. On the basis of this information, what amount of total cost would Parson anticipate at a volume of 128,800 units?
Net income is
What is the unit variable cost of the general accounting question?
Jamison Company produces and sells Product X at a total cost of $1,300 per unit, of which $880 is product cost and $420 is selling and administrative expenses. In addition, the total cost of $1,300 is made up of $740 variable cost and $560 fixed cost. The desired profit is $169 per unit. Determine the markup percentage on total cost.fill in the blank 1 %
Use the information below to answer the following question(s). Franscioso Company sells several products. Information of average revenue and costs is as follows: Selling price per unit $28.50 Variable costs per unit: Direct material $5.25 Direct manufacturing labour $1.15 Manufacturing overhead $0.25 Selling costs $1.85 Annual fixed costs $110,000 The Franscioso Company contribution margin ratio is O A. 0.702:1. O B. 1.425:1. O C. 0.298:1. O D. 1.102:1. O E. 0.637:1.

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