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please do theoretical,practical,normal and master :) Planot Light First (PLF), a producer of energy-efficient light bulbs, expects that demand will increase markedly over the next
please do theoretical,practical,normal and master :)
Planot Light First (PLF), a producer of energy-efficient light bulbs, expects that demand will increase markedly over the next decade Due to the high foxed costs involved in the business PLF has decided to evaluate its financial performance using absorption costing income. The production volume variance is written off to co- of goods sold The vanable cost of production is $2.40 per bub Food manufacturing costs are $1,020,000 per year. Variable and food selling and administrative expenses are $0 40 per bulb sold and $220.000, respectively Because its light bulbs are currently popular with environmentally conscious customers, PLF can soll the bulbs for $9 70 each PLF es deciding among various concepts of capacity for calculating the cost of each unit produced its choices are as follows Click the icon to vow the capacity information) Read the requirements *** Practical 3 420,000 Normal 5 82.500 U Master Budget 150 000 F Requirements. Assume PLF has no beginning inventory of this year's actual sales are 212.500 bulbs, calculate operating income for PLF using each type of capoty to compute fed manufacturing cost per unit Calculate the operating income for each type of capacity we will do the operating income calculations one at a time, beginning with theoretical Label each vanance as favorable for unfavorable (U) Theoretical Raven Less Cost of goods so Production volume vanance o mang Valeng Fixed Cod Opening come : C... Part 5 of 8 Points: 0.35 of 1 a producer of energy-efficient light bulbs, expects that demand will increase markedly over the next decade. Due to the PLF has decided to evaluate its financial performance using absorption costing income. The production-volume varianc able cost of production is $2.40 per bulb Fixed manufacturing costs are $1,020 000 per year Variable and fixed selling am T bulb sold and $220,000, respectively. Because its light bulbs are currently popular with environmentally conscious custo Ch PLF is deciding among various concepts of capacity for calculating the cost of each unit produced Its choices are as fc mew the capacity information.) Data Table $ S s ing e sumel fixed Theoretical capacity 850,000 bulbs Practical capacity 425,000 bulbs Normal capacity 272.000 bulbs (average expected output for the next three years) Master-budget capacity 212,500 bulbs expected production this year al. Lat ating in ble (F) Print Done ods sold ne vanad me Clear All Che Solve This e Text Pages Get More Help 7196 a El Si... > Part 5 of 8 Points: 0.35 of 1 T of energy-efficient light bulbs, expects that demand will increase markedly over the next decad decided to evaluate its financial performance using absorption costing income. The production-ve production is $2.40 per bulb. Fixed manufacturing costs are $1,020,000 per year Variable and fi and $220,000, respectively. Because its light bulbs are currently popular with environmentally con Deciding among various concepts of capacity for calculating the cost of each unit produced. Its choi pacity information Requirements 1. Calculate the inventoriable cost per unit using each level of capacity to compute fixed manufacturing cost per unit 2. Suppose PLF actually produces 250,000 bulbs. Calculate the production-volume variance using each level of capacity to compute the fixed manufacturing overhead allocation rate. 3. Assume PLF has no beginning inventory. If this year's actual sales are 212,500 bulbs, calculate operating income for PLF using each type of capacity to compute fixed manufacturing cost per unit Print Done Step by Step Solution
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