Hello tutor provide solution Use the following data:Variable production costs $480,000Variable S and A costs $55,000Fixed S and A costs $100,000Fixed production costs $270,000Unit sales price $8Production in units 120,000Sales in units 110,000Under full costing, net income (loss) is:A. $37,500B. $15,000C. $(25,000)D. None of the above

Step 1: Define Full CostingFull costing is also known as absorption costing which is a technique to…

Answered: Use the following data: Variable…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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Complete the Table Total Total Unit Selling Total Fixed Variable Variable Price Revenue of Costs Costs Cost Output ? ? $5,000 $6,600 $2,000 ? $18,000 ? 2 $45,000 ? $94,050 ? $5 ? ? ? $75.24 $13 $10 $75 ? ? 2 ? $10,000 $60,000 Level Net Income Rate $4,000 ?$14,500 $84,600 1,800 $78,000 3,000 $18,000 ? ?-$19,500 Contribution Unit Show Transcribed Text ? ? 35% ? 38% Contribution Margin $7.50 ? $13 ? can anyone help me doing this in easiest and less confusing way
Wesley'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. $10.20
Incorrect solution will get unhelpful rate
5) Sales are $500,000 and variable costs are $350,000. What is the contribution margin ratio? а. 43% b. 30% c. 70% d. Cannot be determined because amounts are not expressed per unit.
Consider the following cost and pricing data of ABC Corp. on its Product X:Price: P120.00.per unitProfit Contribution: P90.00Proposed additional Cost: P3 per unit (for quality improvement)Current Profits: P2.4 millionSales: 100,000 units. A. Assuming that average variable costs are constant at all output levels, findABC Corp.’s total cost function before the proposed change.B. Calculate the total cost function if the quality improvement is implemented. UNANSWERED SUB-PARTSC. Calculate ABC Corp.’s break-even output before and after the change, assuming it cannot increase its price.D. Calculate the increase in sales that would be necessary with the quality improvement to increase profits to P2.7 million

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