Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 29, 2024

ABC Company of high is Manufacturer bowls quality glass The following data is available Variable cost per bowl. Direct Labour $9.60 . Direct Mater

ABC Company of high is Manufacturer bowls quality glass The following data is available Variable cost per bowl. Direct Labour $9.60 . Direct Mater Variable Overhead $3.40 $3.00 (60% Fixed Cost manfacturing & 40% administration Overhead $ 162000 ($ 30000 is manufacturiny Selling price per bowl $30. Expected units to be sold 20,000 Tax nate 30%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Financial Reporting & Analysis Using Financial Accounting Information

Authors: Charles H. Gibson

11th edition

324657420, 978-0324657425

More Books

Students also viewed these Accounting questions

Question

★★★★★

A company operates a standard absorption costing system and absorbs fixed production overheads based on machine hours. The budgeted fixed production overheads for the company for the previous year...

Answered: 1 week ago

Question

★★★★★

The magnitude of the magnetic dipole moment of Earth is 8.0 x 1022 J/T. (a) If the origin of this magnetism were a magnetized iron sphere at the center of Earth, what would be its radius? (b) What...

Answered: 1 week ago

Question

★★★★★

Graph each rational function. 4 f(x) =

Answered: 1 week ago

Question

★★★★★

=+a) What are the profits for the second quarter of the time series?

Answered: 1 week ago

Question

★★★★★

L & M Power In the next two years, a large municipal gas company must begin constructing new gas storage facilities to accommodate the Federal Energy Regulatory Commissions Order 636 deregulating the...

Answered: 1 week ago

Question

★★★★★

Please solve in EXCEL showing all work/formulas used. NOT TYPED. Thank you in advance for your help! Will upvote! 1- Given the following information answer the next 2 questions: X Y Variance .02 .01...

Answered: 1 week ago

Question

★★★★★

Preparing an Individuals Tax Form. Caleb Lee graduated from college in 2018 and began work as a systems analyst in July of that year. He is preparing to file his income tax return for 2018, and has...

Answered: 1 week ago

Question

★★★★★

Marge tiene una cuenta IRA Roth por ms de 5 aos a la que ha contribuido con $30,000. La IRA tiene un valor actual de $62,000. Marge tiene 65 aos y recibe una distribucin de $38,000. Cunto de la...

Answered: 1 week ago

Question

★★★★★

CIRCUIT #2 5. Once again, put three resistors and a battery on the work area. Change each of the resistances to the values in the table below. Use a battery voltage of 12 volts. Build the circuit...

Answered: 1 week ago

Question

★★★★★

Three steel plates are joined together using two rivets that have a diameter of 16 mm. The plates have a width L of 8.0 cm. The central plate has a thickness of 2.0 cm and the other two plates have a...

Answered: 1 week ago

Question

★★★★★

February 1 - Brady and Manning decide to start up a partnership. Brady brings in $10 000 cash and equipment costing $60 000, with $17 000 in the accumulated depreciation account. The fair market...

Answered: 1 week ago

Question

★★★★★

Identify four project proposals based on PepsiCo's value proposition. These value enhancing project ideas must fit PepsiCo's strategy and increase wealth for its stakeholders. These ideas should play...

Answered: 1 week ago

Question

★★★★★

Problem 3: Inputs: 065 (measured from vertical) L = 0.75 in (measured horizontally) L = 8 in T= 110 lbh A torque of T is required to loosen the bolt at A. What force P must be exerted to loosen the...

Answered: 1 week ago

Question

★★★★★

Budgeted Income Statement and Supporting Budgets The budget director of Gold Medal Athletic Co., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered...

Answered: 1 week ago

Question

★★★★★

Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...

Answered: 1 week ago

Question

★★★★★

Mimis Dance Studio estimates studio (noninstruction) costs based on student hours of instruction, where | student receiving a private lesson for 1 hour is 1 student hour. Data were gathered for the...

Answered: 1 week ago

Question

★★★★★

Use the regression results for C.C. Catering in Exhibit 11-8. a. What are the estimated total costs for a month in which 2,100 meals will be sold? b. What are the estimated committed costs for a...

Answered: 1 week ago

Question

★★★★★

Feno Menn, the owner of Phenomenos Pizza, wishes to estimate the committed and variable costs per (LO 3) / pizza production. Feno collected the following data a the accounting hand we Piva Number of...

Answered: 1 week ago

Previous Question Next Question