Question
Calculate the income statement and obtain: a. Daily cost b. Monthly cost c. Product cost Company ABC Statement of income Budget for April 2022 -----------------------------------
Calculate the income statement and obtain:
a. Daily cost
b. Monthly cost
c. Product cost
Company ABC
Statement of income
Budget for April 2022
-----------------------------------
Produce and sell----------------------------------product x
Price mp--------------------------------------------45-x product
Gif---------------------------------------------------78-x product
Mod--------------------------paul---------------------john-----------Sarah
Weekly salary--------$7400-------------------$950---------------$1350
Antiquity-----------------3 years--------------1 year------------6 years
Bonus---------------------------- 18 days for the year
Vacation premium------- 30%
Safe-------------------------------27%
Working hours from Monday to Saturday
From Monday to Friday--------- 8 hours daily
5-6 hours
Produced per hour between the three employees, 8 products
Budgeted administrative expenses -------------$126,200
Sale------------ $ 62,900
25 times the cost round the amount to the upper whole number
Step by Step Solution
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a Daily cost 2200 b Monthly cost 66000 c Product cost 25 WORK...
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Accounting Principles
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
7th Canadian Edition Volume 2
1119048478, 978-1119048473
