Resistor Ltd manufactures electrical units. All units are identical. The following information relates to June and July
Question:
Resistor Ltd manufactures electrical units. All units are identical. The following information relates to June and July Year 5.
(a) Budgeted costs and selling prices were:
(b) Actual production and sales recorded were:
Transcribed Image Text:
Variable manufacturing cost per unit Total fixed manufacturing costs (based on budgeted output of 25,000 units per month) Total fixed marketing cost (based on budgeted sales of 25,000 units per month) Selling price per unit June 2.00 40,000 14,000 5.00 July 2.20 44,000 15,400 5.50
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
To calculate the relative effects on the monthly operating profits of applying absorption costing and variable costing we need to prepare the income s...View the full answer
Answered By
Anjali Arora
Having the experience of 16 years in providing the best solutions with a proven track record of technical contribution and appreciated for leadership in enhancing team productivity, deliverable quality, and customer satisfaction. Expertise in providing the solution in Computer Science, Management, Accounting, English, Statistics, and Maths.
Also, do website designing and Programming.
Having 7 yrs of Project Management experience.
100% satisfactory answers.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Resistor Ltd manufactures electrical units. All units are identical. The following information relates to June and July Year 5. (a) Budgeted costs and selling prices were: (b) Actual production and...
-
Old Office Building Karas Investments owns a small office building in Windhoek, from which the company operates. The Windhoek office was purchased on 1 March 2019. Karas Investments decided to move...
-
Calculate Annes remuneration for 15 April 2022. INFORMATION The normal wage of Anne is R200 per hour and her normal working day comprises 9 hours. The standard production time for each employee is 10...
-
Using and citing Bevan, define active empathic listening. Report on both the meaning and significance of the definition Explain how you can use active empathic listening to help you improve your...
-
A cat usually lands on its feet regardless of the position from which it is dropped. A slow-motion film of a cat falling shows that the upper half of its body twists in one direction while the lower...
-
What is the difference between a cost object's direct cost and its full cost? Provide an example in a healthcare organization context. Be specific about the type of healthcare organization that you...
-
Use the balance sheet equation to determine the missing values below. Common Assets Liabilities Stock Retained Earnings 320,000 150,000 45,000 ? ? 75,000 30,000 40,000 250,000 90,000 ? 120,000...
-
Polzin Company had sales in 2010 of $1,500,000 on 60,000 units. Variable costs totaled $840,000, and fixed costs totaled $500,000. A new raw material is available that will decrease the variable...
-
Suppose the returns on an asset are normally distributed. The historical average annual return for the asset was 5 percent and the standard deviation was 18.4 percent. a. What is the probability that...
-
What have researchers found about the use of job costing to record the cost of handproducing a bound book?
-
Go back to the start of section 6.3 and check that you understand the effect of each transaction on the accounting equation. When you are happy that you understand them all, work through the next...
-
Calculate y. y = e cos x + cos(e x )
-
13. A rope is draped over a disk shaped pulley with a mass of 1.20 kg and radius of 0.0750 m. On one end of the rope is a box with a mass of 0.670 kg and on the other end of the rope you pull down...
-
Briefly explain how experiential marketing is different from other forms of marketing communication activities. What is the difference between event marketing and event sponsorship? Identify and...
-
What role does discourse play in the construction of social identities, and how does it influence the distribution of power in institutional settings ?
-
Shadee Corporation expects to sell 540 sun shades in May and 320 in June. Each shade sells for $138. Shadee's beginning and ending finished goods inventories for May are 60 and 55 shades,...
-
What role does technology-enabled organizational design play in facilitating virtual collaboration, remote work arrangements, and geographically dispersed team dynamics, and how can organizations...
-
The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the companys fiscal year. Adjustment data: 1. Supplies on hand totaled $2,000. 2. Depreciation...
-
Which one of the following anhydrous chloride is not obtained on direct heating of its hydrated chloride? (A) BaCl2 (B) CaClz (C) MgCl2 (D) SrCl2
-
Some football clubs include the players in the statement of financial position (balance sheet) as an asset. Others do not. Give the arguments to support each approach?
-
Some football clubs include the players in the statement of financial position (balance sheet) as an asset. Others do not. Give the arguments to support each approach?
-
Classify each of the items in the following list as: asset; liability; neither an asset nor a liability. (a) Cash at bank (b) Loan from the bank (c) Letter from the bank promising an overdraft...
-
When an investor creates an offer for stock, what are they trying to do? contact the company to learn about shares buy shares of stock at a certain price offer to help the company with product sales...
-
(3'*4=12') In 2024 Cigna issued international bonds with a 3.4% coupon rate for USD 1,500 millions maturing in 2030. Bonds were sold at a price of 99.832% (or 998.32 dollars). Bookrunners are Bank of...
-
Marino Company, which operates a boarding house in Japan, has a target capital structure of 25% debt, 65% common equity, and 10% preferred stock. The Company's before-tax cost of debt is 10%, and the...
Study smarter with the SolutionInn App