Pumpkin Enterprises began operations on January 1,...

Pumpkin Enterprises began operations on January 1, 20x1, with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?

Pumpkin Enterprises began operations on January 1, , with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?

Pumpkin Enterprises began operations on Janwith all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?

Pumpkin Enterprises began operations on January 1, 20 with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?umpkin enterprises began operations on janua..

Pumpkin Enterprises began operations on January 1, 20x1, with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?home/study/business/accounting/accounting questions and answers/ pumpkin enterprises began operations on january ...

Pumpkin Enterprises began operations on January 1, 20x1, with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Pumpkin sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?

For the Month end-Ell March 31, 2011 F1. Ahsorbtion {on absorbtion oustinglmethod {US 0MP] Variable ousting Method {contribution Marg'n format] [Ill-t5 Per Ull't Tot Uri-ts Per Ull't Tot Saks l or, Revenue} SP 14200000 Sala : or, Revenue} SP 14200000 Variable Expensa Cost ofGoods Sold ICOGS} Variable cost ofng sold l1} Inventory, March 1 :1} Variable Manufacturing Costs Cost ofgoods available for sale Las: Inventory, March 31 :1} Variable Cost ofgoods sold Variablesellingand admin exps :2} Total Variable expensa sem mm Fixed expensa Fixed Manufacturing Overhead Inventory , March 1 Cost ofgoods manufactured Cost ofgoods available for sale has: Inventory, March 31 Cost ofgoods sold l1} SellingandAdmin expens 12} Sellingand Admin expensE Rsearch and Development exps REearch and Development exps Income before taxis 14} Income before tax rl4} Income taxa 'IS} Income taxa 15} Net Income Net Income 1} Unit cost of Production: 3} Variable S 3. Acosts incl Ud Sil commissions and customer shipping Variable Direct Materials 4} Reconciliation ofdifference in income before IBXE between the two methods Direct Labor Units Per Unit Manufacturing Overheads Total Variable cost per Unit Fixed MOH costs 1,200,000 Total lfully absorbed} cost per unit Income before taxa - full absorption Increase ldecrease} in Inventory lunits} - 3,400,000 Fixed MOH cost per unit TI" rI1} Fixed MDH cost expensed {deferred} u nder full a bsorption costing 2} Selling and Administrative exps Income before tEIXE variable costing Variable 14.513} 1522500 Fixed 5} Company's combined lUS federal and state} effective income tax rate is Total 40 percent