Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

O X E9-26 (similar to) Bened and act mandatud 200,000 unts of its sing product in 2017, i styow of operation Variable matering cool was

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
O X E9-26 (similar to) Bened and act mandatud 200,000 unts of its sing product in 2017, i styow of operation Variable matering cool was 518 per un produced to operating manufacturing costs Pandand customarfactangler $800.000. Planned and actual ed operating in manufacturing costs totaled $440,000 Sobe sold 140 000 units of product at 345 per Hequirement 1. Sette'a 2017 perating income using the option contingen (A) St.520.000, 131,280.000.44/51,720.000 (91 $1.600.000 or (w) none of these show wpporting by electing the latest in an enting workion of opening now and enter the woning amoures. Portoma cacao This ship, but he comesteparting income in the rest or with a hace, make sure to enter in the price Absolon coating Requirements 1. So's 2017 in income using a casting ( 51520.000 31.260.000, 51.720,000 (51,950.000, ordenone of these Show porting cations 2. Se 2017 opera incoming variatie costing (52.080.000, $1.520,000. 12$1,200,000 $1.720.000, or one of the show sporting action Print Done Operating Variable costing Revenues $ 5,060,000 4,620,000 4,620,000 (2,310,000) Variable cost of goods sold: Beginning inventory Variable manufacturing costs Cost of goods available for sale Deduct ending inventory Variable cost of goods sold Variable operating costs Contribution margin Fixed manufacturing costs Fixed operating costs 2,310,000 1,650,000 1.100.000 660,000 410,000 Seatine planned and actually manufactured 200,000 units of its single product in 2017. is first year of operation with maturing cost was $18 per un produced anale operating napanufacturing 1 Unit sold Planned and red manufacturing costs were $800.000 Planned and cheed cering inomandang contested 5440.000. Scare sold 140.000 units of proces $45 per un Read the movies Requirement 1 sette 2017 operating income using option costing (51.520,000. (D) 51.280.000, 51,720.000,00) 51.900,000 or () none of these Show supporting caldations Begin by selecting these in the option costing action of operating income and enter the supporting amounts Perfom the cations in this stop, but siede contact operating income in the next step For with 50 balance, make sure to che in the prope) Absorption costing Requirements 1. Sam's 2017 operating income using absorption costing (51.520.000. (D) $1.250.000. (C) 30.720.000,($1.000.000, or ) none of these. Show supporting calculations 2. Se's 2017 operating income uning able costing is (a) $2.000.000.) 51 520.000. (C) 51.200.000 (0) $1,720.000, of one of these Show supporting calculation Oporong income Done E9-26 (similar to) Question Help Seattle, Inc. planned and actually manufactured 200,000 units of es single product in 2017. its first year of operation. Variable manufacturing cost was $18 per unit produced. Variable operating (nonmanufacturing cost was 39 per unit sold. Planned and actual foed manufacturing costs were $300,000. Planned and actual fixed operating (normanufacturing) costs totaled $140,000. Seattle sold 140.000 units of product at $45 per unit Read the requirements Requirement 1. Seattle's 2017 operating income using absorption costing is (a) 51.520,000, (b) $1.260,000. (C) $1,720.000,(d) $1,000,000, or (0) none of these. Show supporting coloutons Begin bly selecting the labels used in the absorption costing calculation of operating income and enter the supporting amounts. Perform the calculations in the step, but lect the correct operating income in the next stop. (For amounts with a 50 balance, make sure to enter in the appropriate coll) Absorption costing Requirements 1. Seattle's 2017 operating income using absorption costing is (a) $1.520,000. (b) $1,280,000. (c) $1,720.000, (d) $1,960,000, or (o) none of these. Show supporting calculations 2. Seattle's 2017 operating income using variable costing is (a) $2,080.000, (b) $1,520,000. (c) $1,280,000, (d) $1,720,000, or (o) none of these Show supporting calculations. Print Dono Operating income

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

Recommended Textbook for

Contemporary Mathematics

Authors: OpenStax

1st Edition

1711470554, 978-1711470559

Students also viewed these Accounting questions