Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help with the attached questions. Question 1 The following information pertains to Death Star Corporation for a period: Selling price per unit Standard xed

Please help with the attached questions.

image text in transcribed
Question 1 The following information pertains to Death Star Corporation for a period: Selling price per unit Standard xed manufacturin- costs ner unit Variable selling and administrative costs per unit Fixed selling and administrative cost Beginning inventories: Units Standard fixed manufacturing cost Standard variable manufacturing cost Units -roduced Units sold Submission Instructions: a. Assume the unit standard costs data for the beginning and ending inventories remained constant during the period. What was the total standard cost of the ending inventory under absorption costing? Question 2 DC-Marvel would like to evaluate one of the product lines that they sell to defense department. Every month the company produces an identical number of units, although the sales in units differ from .month to month. Product B Selling price $109 Units in beginning inventory Units produced 6,900 Units sold 7,200 Variable costs per unit: Direct labour 31 Variable manufacturing overhead Variable selling and administrative Fixed manufacturing overhead $ Fixed sellin- and administrative _9 Submission Instructions: a. Compute the Contribution Margin. 1:. Compute the Operating Income under Variable Costing. c. Prepare a reconciliation from your Operating Income under Variable Costing to Operating Income under Absorption Costing. Show the differences between each method

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

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

Introduction To Financial Accounting

Authors: Anne Marie Ward, Andrew Thomas

9th Edition

1526803003, 978-1526803009

More Books

Students also viewed these Accounting questions

Question

Explain why you think the Federal Reserve Bank tracks M1 and M2.

Answered: 1 week ago

Question

What are the attributes of a technical decision?

Answered: 1 week ago

Question

How do the two components of this theory work together?

Answered: 1 week ago

Question

2. Information that comes most readily to mind (availability).

Answered: 1 week ago