Use the following data: Variable production costs $ 4,80,000 Variable S and A costs $ 55,000 Fixed S and A costs $ 1,00,000 Fixed production costs $ 2,70,000 Unit sales price $ 8 Production in units 1,20,000 Sales in units 1,10,000 Under variable costing, the production cost per unit is: A. $2.25 B. $6.25 C. $4.36 D. $4.00
Q: Expert of general account subject answer me please
A: 1. Understanding the Question and Key InformationParticularsValuesSales price per unitRs. 15Variable…
Q: Financial Account - In March 2015, Sparrow Corporation hired three individuals Austin, Adam, and…
A: The Work Opportunity Tax Credit (WOTC) is available to employers for hiring individuals from certain…
Q: Hello teacher please help me Accounting question
A: Step 1: Identify the given valuesStep 2: Use the Ending Accounts Receivable formulaStep 3: Rearrange…
Q: P 1-Samuel Aldrich started his own delivery service, Aldrich Service Inc., on June 1, 2022. The…
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: I need answer of this question solution general accounting
A: Detailed explanation:Required : Calculate the noncurrent assets Given:Current Assets $…
Q: I want to correct answer general accounting
A: Step 1: Identify the Formula for Gross ProfitStep 2: Identify the Given ValuesStep 3: Apply the…
Q: Find the period cost
A: To calculate the total amount of period costs, we need to identify which costs from the list qualify…
Q: Wind Fall, a manufacturer of leaf blowers, began operations this year. During this year, the company…
A: To compute net income under variable costing, we must account for variable production costs, fixed…
Q: Financial accounting
A: Step 1: Define MarkupThe concept of markup, in business and economics, is the amount of money that…
Q: Provide answer please general accounting
A: Step 1: Define Indirect MethodThe indirect method can be used to prepare the statement of cash flow.…
Q: Please given correct answer
A: Step 1: High-Low Method for Cost BehaviorWe need to analyze the Cost of Sales and Selling &…
Q: The white flour company mills solve this general accounting question
A: Step 1: Calculation of Beginning equivalent unitsBeginning equivalent units = Units × Degree of…
Q: Please give me answer general accounting
A: Step 1: Define Account ReceivableThe amount receivable by a business entity from their customer is…
Q: Stockinger Corporation has provided the following information concerning a capital budgeting…
A: To calculate the total cash flow net of income taxes in Year 3, we need to consider the following…
Q: Provide correct answer general accounting
A: Step 1: Definition of Contribution MarginThe Contribution Margin is the amount of revenue from sales…
Q: Can you please help me to find best options? Subject is general account
A: To determine the number of units started or transferred, we apply the units reconciliation formula:…
Q: Do fast this question answer financial accounting
A: Step 1: Define AssetsAssets are the resources that a company owns or has substantial control over.…
Q: Subject: Cost Account Deboer Company, which has only one product, has provided the following data…
A: Under variable costing, period costs include:Fixed manufacturing overhead costs (expensed in full as…
Q: TAGGING @ Financial Account
A: Step 1: Identify the Given DataNumber of rooms: 300Average daily room rent (price per room):…
Q: Please need answer the general accounting question not use ai
A: Step 1: Define Average Days to Collect ReceivablesThe average days to collect receivables, also…
Q: What would be the cost per equivalent unit for conversion costs for the month on these general…
A: Step 1: Define Cost of Equivalent UnitThe cost per equivalent unit is the unit-product used in…
Q: Please given correct answer general accounting
A: Step 1: Define Net SalesNet sales are a company's revenue after deducting discounts, returns, and…
Q: Hello tutor please provide this question solution general accounting
A: To figure out the cash flow to creditors during 2023, we need to take into account both the interest…
Q: Please given correct answer general accounting
A: Step 1: Define Net Profit MarginNet profit margin is one of the profitability ratios that shows the…
Q: I won't to this general Accounting question
A: Step 1: Define Relevant Costs in a Special Order DecisionThe relevant costs that a company must…
Q: Hi please solve this
A: To determine the inventory value using the lower-of-cost-or-market (LCM) method on an…
Q: Not use ai and chatgpt only experts answer excepted on these general accounting question
A: Step 1: Define Return on InvestmentReturn on investment is a financial ratio that indicates the…
Q: Please do fast answer accounting questions
A: Step 1: Define Order CycleThe order cycle is the duration of time it takes the seller to clear the…
Q: Please provide this question solution general accounting
A: To compute the future value of the savings account with interest compounded annually:Future value =…
Q: Kindly help me with accounting questions
A: Step 1: Define Return on AssetsReturn on Assets (ROA) is a profitability ratio that is used to…
Q: Please given correct answer general accounting
A: To calculate the average collection period (ACP), we use the formula: Average Collection…
Q: Financial Accounting
A: Step 1: Define Inventory ValuationIn accounting, the choice of inventory valuation method can…
Q: Do fast answer accounting questions
A: Step 1: Definition of Work in Process (WIP) InventoryWork in Process (WIP) inventory refers to goods…
Q: Provide correct option is general accounting
A: Step 1: Define Return on Assets and EquityReturn on assets and return on equity are profitably…
Q: Use the given information to find the new price on this general accounting question
A: Step 1: Define Markup PriceMarkup refers to a rate or amount added to the original cost/price of a…
Q: What are the nominal and effective solve this accounting questions
A: Explanation of Trade Credit TermsTrade credit terms describe the payment agreement between a buyer…
Q: Hy expert please given correct answer general accounting
A: Hello student! To determine the adjusting entry, we need to make sure to recognize the interest for…
Q: Financial Accounting Question please answer
A: Step 1: Define Discount BondA zero-coupon or discount bond doesn't offer interest payments on the…
Q: Financial Account Query
A: To determine the unit price Cara Industries should charge to earn a profit of $4,000 on the special…
Q: A company manufactured 50,000 units of product at a cost of $450, 000. It sold 45,000 units at $ 15…
A: Explanation of Gross Profit: Gross profit is the difference between total sales revenue and the cost…
Q: Hy expert give me correct answer
A: Step 1: Define Cost of Goods SoldSome quantity may be sold to customers of the total goods…
Q: Please give me answer general accounting question
A: Step 1: Define Absorption and Variable CostingThe way fixed manufacturing overhead expenses are…
Q: None
A: a. Selling Price for Tax Purposes:• Step 1: Determine the selling price for tax purposesb.…
Q: General Accounting
A: Step 1: Define AssetAn asset can be explained as one that has the potential to generate a return for…
Q: None.
A: Step 1: Define LeverageLeverage can be described as additional investment in the fixed assets to…
Q: Provide correct answer this general Accounting question
A: Step 1: Define Income Statement ComponentsSales, cost of sales, and gross profit are all income…
Q: 7)14% - XYZ Corporation is preparing a master budget for 2024. Sales for the year are expected to…
A: Step 1: Calculate Quarterly Sales VolumeExplanation: Break down the total annual sales into…
Q: Young bay surfboards manufactures fiberglass surfboard.the standard solve this general accounting…
A: Step 1:The actual price per pound of direct materials can be calculated by dividing the cost of…
Q: Hello tutor please provide correct answer general accounting
A: Step 1: Define Overhead costsOverhead costs are those costs that are essential for production but it…
Q: Boss Corporation is a wholesaler that sells a single product. Management has provided the following…
A: Step 1:Estimated fixed Total Monthly Fixed cost can be calculated by first calculating the variable…
Subject:- Financial Account
Step by step
Solved in 2 steps
- solve this account queryTotal Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. Select one: O a. Y = 80000 + 70X O b. Y = 80000 + 40X O c. Y = 80000 + 150X O d. Y = 80000 + 100Xselect best and true options
- What is the correct choice? Datamatix Company has gathered the following data: Unit Sales Price Unit Variable Costs Unit Sales Product 1 $18.00 $10.00 24,500 Product 2 27.00 17.00 17,500 Product 3 35.00 28.00 28,000 Fixed costs are $233,280. The weighted-average breakeven point is a. 34,500 units. b. 28,800 units. c. 25,200 units. d. 29,900 units.Total Variable cost is 420,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. a. Y = 80000 + 150X b. Y = 80000 + 100X c. Y = 80000 + 60X d. Y = 80000 + 40XIf the total cost function is y = 6,300 + 2X, calculate the variable cost for 4,400 units. A. $8,800 B. $6,300 C. $12,600 O D. $15,100 O O
- Total Variable cost is 490,000 OMR total units sold is 7000 units , total fixed cost is 80000 OMR , describe the production costs in the equation form y=f+vxTotal Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000 OMR,describe the production costs in the equation form Y = f + vX. Select one: a. Y = 160000 + 100X b. Y = 160000 + 70X c. Y = 160000 + 80X d. Y = 160000 + 40X Clear my choiceAssume the following information:VolumeTotal Cost100 units$1,30090 units1,500106 units1,750What is the variable cost per unit? (Round answer to three decimal places.)a. $28.125b. $15.625c. $20.178d. $13.175
- Use a cost-volume graph to determine the type of cost behavior exhibited in Groups A, B, and C. In the graph, volume should range from 0 to 24,000 units (in 4,000 unit increments), and cost should range from $0 to $35,000 (in $5,000 increments). Volume Group A Group B Group C (applicable to each group) Costs Costs Costs 2,000 12,000 16,000 20,000 $2,600 $1,000 $2,400 12,600 6,000 2,400 16,600 8,000 2,400 20,600 10,000 2,400 1. Identify the cost behavior (fixed, mixed, or variable) in the three groups. Group Cost behavior A B C 2. What is the expected total cost for Group B if volume is 0? $ 3. What is the expected total cost for Group C if volume is 0? CheckWesley's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $150,000 - 48,000 $102,000 - 24,000 $ 78,000 What is the unit contribution margin? A. $12.00 B. $ 7.20 C. $ 4.80 D. $10.20Use a cost-volume graph to determine the type of cost behavior exhibited in Groups A, B, and C. In the graph, volume should range from 0 to 38, 400 units (in 4,000 unit increments), and cost should range from $0 to $49,000 (in $5,000 increments). Volume Group A Group B Group C (applicable to each group) Costs Costs Costs 3,200 $3,640 $1,400 $ 3,360 19,200 17,640 8,400 3,360 25,600 23,240 11,200 3, 360 32,000 28,840 14,000 3,3601. Identify the cost behavior (fixed, mixed, or variable) in the three groups. Group Cost behavior A B C 2. What is the expected total cost for Group B if volume is 0? $Answer 3. What is the expected total cost for Group C if volume is 0?