Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A B and C please show work =) rse Corporation incurred fixed manufacturing costs of $7,200 during 20X5. Other infoemation for 20x5 includes: The budgeted

image text in transcribed

A B and C please show work =)

rse Corporation incurred fixed manufacturing costs of $7,200 during 20X5. Other infoemation for 20x5 includes: The budgeted denominator level is 800 units. Units produced total 1,000 units Units sold total 950 units Beginning inventory was zero. " The fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold A Under absorption costing, the production-volume variance is A) S1,800 E) none of the above. B) $450 C) 0 D) $1,350 Answer the following questions using the information below: Ms. Andrea Chadwick, the company president, has heard that there are multiple breakeven points for every product. She does not believe this and has asked you to provide the evidence of such a possibility. Some information about the company for 20X5 is as follows Total fixed manufacturing overhead Total other fixed expenses Total variable manufacturing expenses Total other variable expenses Units produced 5180,000 $200,000 $120000 5120,000 30,000 units 30,000 units 25,000 units Units sold Selling price SI & What are breakeven sales in units (rounded to the nearest integer) using variable costing? A) 5,769 units Ej none of the above. B) 11,875 units C) 12,180 units D) 5,625 units C What are breakeven sales in units (rounded to the nearest integer) using absorption costing? A) 7,937 units E) 7,692 units B) 6,667 units Cy5,625 units D) 8,000 units Which of the following costs) are inventoried when using absorption costing? A) direct manufacturing costs C) fixed manufacturing costs B) variable marketing costs oth A and C are correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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