AABBCCDD Aalbo DdEe AaBbceOde AaBbCcD Aa Bb CcDdE Heading 2 Normal No Spacing Heading 1 Heading 3 -10-11 18:51 PROBLEM 2-40 (25 MINUTES) Problem 2-40 Prandal Statement Elements Cost Behavior (LO 2-5,2-6,28) 2. Name SEX.000 Mason Corporation began operations at the beginning of the current year. One of the company products, a refrigeration camcat, els for $185 per mit. Information related to the current year's activities follows Weedle costs perut Dired materia Dired labo Mindaugavad Amated cos Manufacturing over Seing and an Production and Sales Production just Sales) $600,000 880000 24.000 20.000 Man carries is finished good imenicory at the way unit cost of production and is subject to a 30 percent income tax rate There was to work in proctus at yow-end Beated 1. Determine the cost of the December 31 finished goods inventory 2 Compute Muson's net income for the current year ended December 31 3. If not year's production de ces to 2200 units and general cost behavior patterns do not chang, what is the likely effect on 4. The direct labor cost of $37 per unit? Why! The fixed manufacturing overhead cont of 200000? Why! c. The food selling and administrative cost of 5860,000? Why! d. The average unit cost of production Why! out View Sec 1 Pages 7 of 9 Words: 1137 of 1556 MacBook AABBCCDD Aalbo DdEe AaBbceOde AaBbCcD Aa Bb CcDdE Heading 2 Normal No Spacing Heading 1 Heading 3 -10-11 18:51 PROBLEM 2-40 (25 MINUTES) Problem 2-40 Prandal Statement Elements Cost Behavior (LO 2-5,2-6,28) 2. Name SEX.000 Mason Corporation began operations at the beginning of the current year. One of the company products, a refrigeration camcat, els for $185 per mit. Information related to the current year's activities follows Weedle costs perut Dired materia Dired labo Mindaugavad Amated cos Manufacturing over Seing and an Production and Sales Production just Sales) $600,000 880000 24.000 20.000 Man carries is finished good imenicory at the way unit cost of production and is subject to a 30 percent income tax rate There was to work in proctus at yow-end Beated 1. Determine the cost of the December 31 finished goods inventory 2 Compute Muson's net income for the current year ended December 31 3. If not year's production de ces to 2200 units and general cost behavior patterns do not chang, what is the likely effect on 4. The direct labor cost of $37 per unit? Why! The fixed manufacturing overhead cont of 200000? Why! c. The food selling and administrative cost of 5860,000? Why! d. The average unit cost of production Why! out View Sec 1 Pages 7 of 9 Words: 1137 of 1556 MacBook