Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. 2. 3. 4. Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead

1. image text in transcribed
2.
image text in transcribed
3.
image text in transcribed
4.
image text in transcribed
Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead Cost Expected Activity $509,520 49,500 machine-hours $ 59,763 1,650 orders $ 83,089 1,660 inspection-hours Data concerning the company's product 1198 appear below: Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 540 1,100 180 130 $48.74 per unit $21.45 per unit According to the activity based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to decimal places.) Help Save & Exit Sub Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November Sales (6,300 units) Variable expenses Contribution margin Fixed expenses Net operating income $403,200 277,200 126,000 103,500 $ 22,500 If the company sells 6,200 units, its net operating income should be closest to: (Do not round Intermediate calculations. hep Save & tu Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $49,000. If the company's sales for a month are $309,000. what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice o o o 3260,000 o 355,620 Help Save & Exit Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $285,000 and its net operating income was $45,500. If fixed expenses totaled $97,000 for the year, the break-even point in unit sales was Multiple Choice o 14, 250 units o 7125 units o 16,525 units o 97oo units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Writing a Strong Introduction

Answered: 1 week ago