Q #1

Multiple Choice:

113,100

23,200

148,700

159,500

Q #2

252,600

141,000

29,400

(141,000)

Q #3

327,250

195,200

335,820

507,780

Q #4

159,000

252,000

93,000

328,000

Q #5

142

169

144

117

Q #6

109,100

103,000

64,700

141,300

Q#7

442,000

(41,000)

561,000

82,000

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations $ 153 2,940 2,900 40 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ $ 16 17 $97,020 $40, 600 The total gross margin for the month under absorption costing is: Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $44.300 and the Export Produ common fixed expenses not traceable to the individual divisions is $111,600. What is the company's net operating income (loss)? Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company Division L Division Q $541,000 $151, 000 $390,000 287, 110 92, 110 195,000 253, 890 5 8,890 195,000 128, 470 3 0, 870 97,600 125,420 $ 28,020 $ 97,400 70, 310 $ 55, 110 The break-even in sales dollars for Division is closest to: (Round your intermediate calculations to 2 decimal places.) WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $90,000 annually and one salaried estimator who is paid $50,000 annually. The corporate office has two office administrative assistants who are paid salaries of $54,000 and $39,000 annually. The president's salary is $159,000. How much of these salaries are common fixed expenses? Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 175 Units in beginning inventory Units produced Units sold Units in ending inventory 7,250 6,950 300 A A Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense A $195, 750 $ 29,700 What is the unit product cost for the month under variable costing? Helmers Corporation manufactures a single product. Variable costing net operating income last year was $103,000 and this year was $123,500. Last year, $38,300 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $14,400 in fixed manufacturing overhead costs were deferred in inventory under absorption costing, What was the absorption costing net operating income last year? Tubaugh Corporation has two major business segments-East and West. In December, the East business segment had sales revenues of $260,000, variable expenses of $145,000, and traceable fixed expenses of $33,000. During the same month, the West business segment had sales revenues of $930,000, variable expenses of $488,000, and traceable fixed expenses of $177,000. The common fixed expenses totaled $262.000 and were allocated as follows: $131,000 to the East business segment and $131,000 to the West business segment The contribution margin of the West business segment is