Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PULS Time Remaining 57 minutes Save Progress Progress has never been saved 1 Tabi Mor Inc. Company manufactures furniture, including tables Selected costs are given

image text in transcribed
PULS Time Remaining 57 minutes Save Progress Progress has never been saved 1 Tabi Mor Inc. Company manufactures furniture, including tables Selected costs are given below 112.5pts 1. The salary of the CEO of the company is $250,000 per year 2. Instead of producing the tables the company could rent its factory space for $85.000 per year 3. Salespeople are paid a commission of 523 for each table sold 4 The depreciation on the machines used to make the tables totals $3,000 per year. The machines have no resale value and do not wear out through use 5. The tables are made of iron that costs $250 per table 6. The production Ine - on which workers are assembling the tables - is supervised by a production manager who is paid $67,000 per year. 7. Four machine hours are required to produce a tablety costs are 5 per machine hour 8. Wapes are paid to workers that assemble tables. The cost of wages is 555 per table. 9. The advertising expense of the year is $180.000 per year it covers the company's products, The company produced 100 tables and sold 80 during the month What's the amount of Variable Costs? 108.200,00 85.000,00 22.000,00 431.840,00 52.040,00

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

Principles Of Corporate Finance

Authors: Richard A Brealey, Stewart C Myers, Franklin Allen

8th Edition

0073130826, 9780073130828

More Books

Students also viewed these Accounting questions

Question

Would another approach to the decision have worked better?

Answered: 1 week ago