1.Variable manufacturing costs are $30 per unit, and variable selling costs are $10 per unit.Fixed manufacturing costs are $16 per unit at an output of 10,000 units.Fixed selling costs are $60,000. In 2021 ABC produced 8,000 units and sold 7,000 at a price of $100 each.<\/p>
a. variable cost (contribution margin) income statement<\/p>
b. absorption cost income statement <\/p>
<\/p>
2.ABC has 2 segments, North and South.North has a segment margin of $50,000 and traceable fixed costs of $20,000 and South a segment margin of $45,000 and traceable fixed costs of $35,000.Common fixed costs are $40,000.<\/p>
a. What is total income?<\/p>
b. What would total income be if ABC closed the South segment? <\/p>
<\/p>", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8989153015", "uri": "\/textbooks\/the-hidden-crown-return-of-magic-book-1-979-8989153015", "name": "The Hidden Crown Return Of Magic Book 1", "edition": "" }, "question_posted": "2024-06-29 02:39:18", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-use-graph-of-to-estimate-the-limit-to-four-decimal-plac", "description": "(a) Use a graph of to estimate the value of lim x\u2192\u221e f(x) to one decimal place. (b) Use a table of values of f(x) to estimate the limit to four decimal places. (c) Find the exact value of...", "stars": 3 }, { "url": "\/study-help\/business-statistics-in-practice\/a-what-assumptions-andor-conditions-are-violated-by-this-model-1981676", "description": "=+a) What assumptions and\/or conditions are violated by this model?", "stars": 3 }, { "url": "\/eps-presented-below-are-selected-ledger-accounts-of-tran-corporation", "description": "EPS) Presented below are selected ledger accounts of Tran Corporation as of December 31, 2014. Cash ......................$ 125,000 Administrative expenses .............. 250,000 Selling expenses...", "stars": 3 }, { "url": "\/study-help\/questions\/project-description-implementing-a-5-times-3-1-9864504", "description": "Project Description Implementing a 5 \\ times 3 ( 1 5 ) pixel display ( Figure 1 ) and its controller on a breadboard using basic logic gates ( AND , OR , NOT, NAND, NOR and XOR ) and LEDS. On your...", "stars": 3 }, { "url": "\/study-help\/questions\/please-answer-question-i-tried-to-answer-first-part-that-6861400", "description": "please answer question i tried to answer first part that said unit transferred to the next department is 6 0 5 0 = 6 2 0 0 + 3 0 0 - 4 5 0 but the teacher told me is wrong can explain to me how...", "stars": 3 }, { "url": "\/study-help\/questions\/case-study-b-25-marks-the-management-approach-at-the-1005432", "description": "Case study B (25 Marks) The management approach at the Fordsburg Car Centre Dylan van Rooyen is the managing director of Fordsburg Car Centre (FCC), an automobile repair shop with 22 branches...", "stars": 3 }, { "url": "\/study-help\/questions\/develop-a-communication-and-education-plan-develop-a-communication-and-1002882", "description": "Develop a communication and education plan Develop a communication and education plan to be used in conjunction with the change management project plan. This plan should show how the change will be...", "stars": 3 }, { "url": "\/study-help\/questions\/solve-this-problem-of-a-brayton-cycle-in-a-gas-1024989", "description": "solve this problem of a Brayton cycle in a gas turbine power plant. Properties of air should be for when it is at 300K; cv=0.718, cp=1.005, k=1.4 This modified brayton cycle consists of; (1) ?>...", "stars": 3 }, { "url": "\/study-help\/questions\/read-the-debeers-case-what-do-you-believe-are-the-1005355", "description": "Read the DeBeers case. What do you believe are the dominant cultural characteristics of this organization? What accounts for the ethically questionable practices at DeBeers?", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-individual-brand-elements-associated-with-the-brand-mcdonalds-1003058", "description": "What are individual Brand Elements associated with the brand \"McDonald's\"? Discuss the steps of the \"Brand and Product Decisions\" for McDonald's. What type of Brand Personality do you think applies...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/what-is-the-benefit-of-a-professional-certification-over-a-4450812", "next": "\/study-help\/questions\/in-the-context-of-this-case-explain-how-your-role-4450814" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "1.Variable manufacturing costs are $30 per unit, and variable selling costs are", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/1variable-manufacturing-costs-are-30-per-unit-and-variable-selling-4450813" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }