Chapter 8, Problem 20E

4 POINTS

Calculate the number of units that must be sold in order to realize an operating income of $150,000 when fixed costs are $480,000 and the unit contribution margin is $25. Right Answer

Compute the predetermined overhead rate for the year

Vector Industries used 8,200 machine hours (Driver) on Job #25. Total machine hours are 24,500. Assume Job #25 is the only job sold during the accounting period. What is the overhead applied in COGS if the total overhead applied is $156,500?

A company produces a single product. Variable production costs are $15.5 per unit, and variable selling and administrative expenses are $5.0 per unit. Fixed manufacturing overhead totals $60,000, and fixed selling and administration expenses total $55,000. Assuming a beginning inventory of zero, production of 6,000 units, and sales of 4,500 units, the dollar value of the ending inventory under variable costing would be_. Currect answer

A company produces a single product. Variable production costs are $15.5 per unit, and variable selling and administrative expenses are $5.0 per unit. Fixed manufacturing overhead totals $60,000, and fixed selling and administration expenses total $55,000. Assuming a beginning inventory of zero, production of 6,000 units, and sales of 4,500 units, the dollar value of the ending inventory under variable costing would be_. Want a solution

Overhead costs:960000, direct materials costs:320000

The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? Accurate Answer

The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? Don't Use Ai