Answers
Requirement 1
Fixed manufacturing overheads included in ending inventory in Absorbtion costing | $ 6,000.00 |
Requirement 2
Ida Sidha Karya Company | ||
Variable costing income statement | ||
Sales | $ 218,500.00 | |
Variable Cost | ||
Variable cost of Goods Sold | $ 118,450.00 | |
Variable Selling & administrative | $ 6,900.00 | |
Total variable cost | $ 125,350.00 | |
Contribution margin | $ 93,150.00 | |
Fixed Costs: | ||
Fixed Cost of Goods Sold | $ 75,000.00 | |
Fixed Selling & Administrative | $ 15,000.00 | |
Total Fixed Cost | $ 90,000.00 | |
Net Income | $ 3,150.00 |
Working
Fixed manufacturing overheads | $ 75,000.00 |
Units produced | 250 |
Fixed manufacturing overheads per unit (75000/250) | $ 300 |
Fixed manufacturing overheads included in ending inventory in Absorbtion costing (20*30) | $ 6,000.00 |
Fixed manufacturing overheads included in Cost of goods sold in Absorbtion costing | $ 69,000.00 |
Similar Solved Questions
1 answer
For each compound drawn below, label each OH, Br, and CH kroup as axial or equatorial....
For each compound drawn below, label each OH, Br, and CH kroup as axial or equatorial. Be sure to answer all parts. Report problem Print Bro -- bH H Guided Solution с Но он 11 CH [3] HO h - H HI The axial groups in [1] are: a. OH D b. H Ос. Он ...
1 answer
A local financial consulting firm employs 20 full-time staff. The estimated compensation per employee is $50838...
A local financial consulting firm employs 20 full-time staff. The estimated compensation per employee is $50838 for 2049 hours. All direct labour costs are charged to clients. Any other costs are included in a single indirect-cost pool, allocated according to labour-hours. If the total cost of a job...
1 answer
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This...
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year $ $ 13 670 30 410 -Book 255 prences Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipm...
1 answer
10. Two cars, driven by Fred and Barney, collide. At trial, the jury determines that the...
10. Two cars, driven by Fred and Barney, collide. At trial, the jury determines that the accident was 90 % Fred's fault and 10% Barney's fault. Barney's losses total $100,000. Assume Barney lives in a state that follows comparative negligence. He will recover a. $0 b. $10,000 c. $50,000 ...
1 answer
Gamma ray radiation falls in the wavelength region of 1.00x10-16 to 1.00x10-11 meters. What is the...
Gamma ray radiation falls in the wavelength region of 1.00x10-16 to 1.00x10-11 meters. What is the frequency of gamma ray radiation that has a wavelength of 1.00x10-16 m? Frequency = sec-1 A local AM radio station broadcasts at a frequency of 770 kHz. Calculate the wavelength at which it is broadcas...
1 answer
10. What is the current ratio for ABC in 2002? A) 1.97 B) 1.51 C) 1.23...
10. What is the current ratio for ABC in 2002? A) 1.97 B) 1.51 C) 1.23 D) 1.14 E) 1.02 11. What would your best interpretation be for the days' sales in inventory ratio? A) The number of days it takes before the current ratio falls to zero. B) The number of days needed to make a profit from sell...
1 answer
Please draw a clear schematc and write clear words for me. I appreciate it. Vsource 5V...
Please draw a clear schematc and write clear words for me. I appreciate it. Vsource 5V R2 R1...
1 answer
Write the rate laws for the following elementary reactions. (Rate expressions take the general form: rate...
Write the rate laws for the following elementary reactions. (Rate expressions take the general form: rate = k . [A]a . [B]b.) 209F → 2010Ne + β (nuclear decay)...
1 answer
Write a brief report 48 SECTION S Other Specialized Care Settings WEB ACTIVITY isit the American...
write a brief report 48 SECTION S Other Specialized Care Settings WEB ACTIVITY isit the American Dental Association's (ADA) website 3. Choose a topic, and write a brief report on the http://www.ada.org Select "Public Programs. topic you selected and how this information might help the pub...
1 answer
And Due Dates HW 6 sament Score: 1267/2000 Resources [ Give Up? Hint Check Arver Question...
and Due Dates HW 6 sament Score: 1267/2000 Resources [ Give Up? Hint Check Arver Question 19 of 20 > Attempt 3 alculate the standard enthalpy change for the reaction at 25 C. Standard enthalpy of formation values can be foum so thermodynamic properties. Mg(OH),(s) + 2 HCI(g) — MgCl,(s) + 2H...
1 answer
13) Which of the following states that businesses should use the same accounting methods from period...
13) Which of the following states that businesses should use the same accounting methods from period to period? A) materiality concept B) conservatism C) consistency principle D) disclosure principle...
1 answer
You must evaluate a proposal to buy a new milling machine. The base price is $108,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $65,000. The applicable depreciation rates are 33%, 45%, 15%, an...
1 answer
Joetta Hernandez is a single parent with two children and earns $55,600 a year. Her employer's...
Joetta Hernandez is a single parent with two children and earns $55,600 a year. Her employer's group life insurance policy would pay 2.5 times her salary. She also has $74,133 saved in a 401(k) plan, $6,178 in mutual funds, and a $3,707 CD. She wants to purchase term ...
1 answer
A r cted synthesis in the con rection direction 10.) What type of bond forms between...
A r cted synthesis in the con rection direction 10.) What type of bond forms between complementary base pairs? a hydrophobic b. covalent conic d hydrogen 20 ) A particular triplet of bases in the template strand of DNA is 5-AGT-3'. What would be the corresponding codon for the mRNA that is trans...
1 answer
Find all integers that satisfy the sentence abs(2x+4)<9
9. Find all integers that satisfy the sentence abs(2x+4)<9...
1 answer
50. Viral DNA is an important cloning vector because it can typically be combined with relatively...
50. Viral DNA is an important cloning vector because it can typically be combined with relatively large pieces of DNA. sestamog AMO True / False BSW 51. When bacteria are genetically modified to produce a protein product, technical difficulties arise because that product is not always secreted from ...
1 answer
Please answer #5 and #6 in detail, thank you! Descriptive Statistics N Mean StDev SE Mean...
please answer #5 and #6 in detail, thank you! Descriptive Statistics N Mean StDev SE Mean 95% CI for u 30 165.34 8.81 1.61 (162.05, 168.63) e mean of height 5. State the interval. 6. Interpret the interval. (Ctrl) Histogram of height 10 8 Frequency 2 0 140 150 160 170 height...
1 answer
A. List five items of personal protective equipment used for standard precautions in a health setting....
a. List five items of personal protective equipment used for standard precautions in a health setting. b. When is it appropriate to change protective clothing and gowns/aprons?...
1 answer
Question 11 (1 point) The maximum retirement savings contributions credit for any taxpayer is $1,000. 1)...
Question 11 (1 point) The maximum retirement savings contributions credit for any taxpayer is $1,000. 1) True 2) False...