Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

.L. Pigeon manufactures radio transmitters for outdoor enthusiasts. Either the following data as of December 31, 2019 for production for the year of 4,000 units.

image text in transcribed

.L. Pigeon manufactures radio transmitters for outdoor enthusiasts. Either the following data as of December 31, 2019 for production for the year of 4,000 units. The value of the finished goods inventory as at December 31, 2018 was $ 76,500. The company sold 3,000 radio transmitters at a selling price of $ 300.00 each. Using the full cost method, calculate the value of finished goods inventory as of December 31, 2019. Using the full cost method, what is the value of net income as of December 31, 2019? Using the full cost method, calculate the unit cost of manufacturing as of December 31, 2019.
Matires premires 175 000$ Main d'oeuvre directe 75 000 $ Frais indirects de fabrication variables 150 000 $ Frais indirects de fabrication fixes 50 000 $ Frais de vente et administration variables 8 000 $ Frais de ventes et administration fixes 55 000 $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Management Accounting

Authors: Pauline Weetman

2nd Edition

0273718452, 978-0273718451

More Books

Students also viewed these Accounting questions

Question

=+a) Compute the EV for each alternative decision.

Answered: 1 week ago

Question

Explain the key components of an assessment center (AC).

Answered: 1 week ago