Chapter 2, Problem 1DYS

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Sales commissions are $6,000 when 1,500 units are sold and $12,000 when 3,000 units are sold. Using the high-low method, what is the variable portion of sales salaries and commissions?

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Maxwell Corp., which began business at the start of the current year, had the following data: The company planned and actually produced 50,000 units. It sold 47,000 units at a price of $18 per unit. The production costs included a variable cost of $6 per unit and total fixed costs of $300,000. Selling and administrative costs consisted of a variable cost of $2 per unit and fixed costs of $40,000. What is the gross margin that the company would disclose on an absorption-costing income statement?

On August 1, 2019, Rockwell Logistics purchased a truck for $75,000. The truck has a useful life of 6 years and a residual value of $7,500. The truck is depreciated using the straight- line method. What is the depreciation expense for 2019?

What was ball's cost of goods manufactured for the month?

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Subject: general accounting question

General Accounting